IRS’s 2021 ‘Dirty Dozen’ details top scams
It’s that time again. IRS is warning business leaders and individuals about the top scams to look out for right now.
Fraud
Internet fraud: 6 states where the most money was lost
Every company is vulnerable to internet fraud, no matter where they’re located. But the ones in these six states took the largest financial hit last year. The following states all reported losses totaling between $99 million and $199 million last year, according to the FBI: Colorado Illinois Missouri Ohio Pennsylvania, and Virginia. That comes from […]
New model law for personal data security: How it’ll impact Finance
A model law that’s in the works will affect how you handle employees’ personal data that you and your Finance team work with every day. The Uniform Personal Data Protection Act, drafted by the Uniform Law Commission, is specifically designed to address the safe, secure storage of personally identifiable data. Examples include names, Social Security […]
6 in 10 insider breaches caused by employee negligence
To avoid data breaches, it’s vital to make sure your staffers are being careful with how they relay information internally.
Latest fraud scheme involves erroneous Forms 1099-G
If your finance team ever handles 1099-G forms, it should be wary of a new scheme involving that specific information return.
Employees’ phishing knowledge is subpar, research finds
Are you fully confident all the people at your company know exactly what phishing is? Is it possible some don’t even know the basic definition?
Fraud and COVID: New exposures, more roadblocks
Looks like fraud and COVID go hand in hand! The still-raging coronavirus pandemic is inflicting a spike in financial scams on businesses everywhere. A staggering nine in 10 of your peers have witnessed an overall increase in fraud at the end of last year. And 44% add it’s a “significant” increase. So finds the Association […]
Phishing scams in Finance: What emotions do criminals exploit?
Along with using advanced tech skills to infiltrate your company, many criminals also use basic psychology and familiarity with emotions in their phishing scams.
Occupational fraud in 2020: What finance pros must know
With occupational fraud running rampant in the business world, CFOs and their finance departments must be on guard at all times.
