The median fraud loss per case in the ACFE study was $104,000, but the average loss per case was $1,457,000, while 20% had ...
Internal auditors are facing a heightened risk of fraud at organizations as schemes change and internal controls weaken over ...
The MarketWatch News Department was not involved in the creation of this content. Global survey finds organizations under-equipped as AI-charged threats escalate across industries CARY, N.C., March 25 ...
Fraud is a pervasive and costly issue that can affect all types of organizations, including nonprofits. Nonprofit organizations are especially vulnerable due to limited resources, less staff resources ...
CHICAGO--(BUSINESS WIRE)--The Association of Certified Fraud Examiners (ACFE) and Grant Thornton Advisors LLC (Grant Thornton) have collaborated to help organizations build and strengthen their fraud ...
The Washington Post (2013) found that one-sixth of all embezzlement cases in the U.S. involve nonprofit and religious organizations, ranking just behind the financial sector. This statistic is jarring ...
CHICAGO--(BUSINESS WIRE)--According to research recently conducted by BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, fraud and ...
Manufacturers and distributors face a persistent and evolving threat from fraud. From procurement schemes and inventory theft to falsified financial reporting and cyber-enabled payment fraud, these ...
A new report, The State of Biometric Security in the Age of AI Fraud, reveals that 98% of organizations are interested in biometric orchestration as they confront a surge in AI-driven fraud and ...