Tag: Reports

The Financial Cost of Fraud 2015

British businesses suffer a loss in the region of £98.6 billion every year due to fraud and mistakes. This eye-watering statistic is just one of many contained within the 2015 annual review of The Cost of Fraud published by accountancy firm PKF Littlejohn and the Centre for Counter Fraud Studies at the University of Portsmouth. Globally, businesses are losing […]

Stop Operational Fraud With Improved Policies, Data Analytics

With the number and frequency of occupational fraud incidents continuing to rise, according to Verizon’s 2014 Global Data Breach Investigation Report, organisations’ top insider threat is staff members taking advantage of their systems’ access privileges to commit nefarious acts. Interestingly, the report indicates that the vast majority of incidents involve employees using their organisations’ corporate […]