Preventing fraud should be part of the business process of any organisation for several key reasons: 💰 Financial Stability: According to the Report to the Nations published by the ACFE, any organisations would lose around 5 % of revenue to fraud each year. Particularly, in small organisations financial resources are carefully budgeted and any loss due to fraud can significantly […]
Fraud Prevention… what for? Read More »
In February 2025, President Donald Trump issued an executive order pausing the enforcement of the Foreign Corrupt Practices Act (FCPA) for 180 days, citing concerns that its application was overly expansive and detrimental to U.S. economic competitiveness and national security. The order directs Attorney General Pam Bondi to review existing FCPA guidelines and develop new
Suspension of the FCPA – Implication for Corporate Compliance Strategies Read More »
On 20 January 2024, I was delighted to be invited by the Men’s Breakfast section at the Morpeth Methodist Church for the opportunity to discuss Internet Fraud and provide tips to the audience to avoid being deceived by scammers. Thank you also for the delicious cooked breakfast. When you receive a strange email, it will more
Internet Fraud Awareness Talk Read More »
Whistleblowers are not all on headlines… Read my experience as whistleblower here : it tooks me a number of years to understand what happened and writing about it was the best way to heal. I hope this would help other “accidental” (to use the expression of one fellow compliance professional) whistleblowers and compliance professionals facing
Reflections of a whistleblower and a way forward Read More »
How to convince you that compliance is not a cost center ? I lay out in this article published in October 2019 in the magazine of the Society of Corporate Compliance and Ethics all the benefit of a compliance program. click here
The misunderstood role of compliance programs in small and medium enterprises Read More »
Actually, GDPR is not as big a deal as you might think. Don’t make the mistake of focusing all your attention on this particular piece of European legislation – you might needlessly neglect the parts of your business that really do need your input. So what do I need to do? You can avoid getting
GDPR: Is it really the next biggest thing after Brexit? Read More »
Small and medium businesses (SMEs – organisations with 100 employees or fewer) are losing an average of US$200,000 every time they suffer a fraud, according to an international study published by the Association of Certified Fraud Examiners (ACFE). SMEs are as vulnerable to fraud as large organisations, but the causes and nature of the frauds
What does fraud look like in small and medium businesses? Read More »
To see original post click on: Check Point Keeping track of the World Cup can get overwhelming. Cybercriminals are keenly aware of this pain point, seeking to use the buzz around the World Cup as cover for their sneaky attacks. Check Point researchers have identified a phishing campaign targeting soccer fans, using the email subject line of
FOOTBALL FANS BE AWARE Read More »
The results and wider repercussions of a well-aimed scam can be catastrophic – and expensive – for any organisation. Yet, according to an article published in the Harvard Business Review*, directors mostly underinvest in cybersecurity. We take a look at why this might be. In the 5 June 2017 edition of the Harvard Business Review there
Underinvestment in cyberfraud prevention: Why does it happen? Read More »
Facts and figures Incredibly, fraud and cybercrime account for almost half of all crimes. In its Fraudscape 2017 report, the Credit industry Fraud Avoidance System (CIFAS) states: “With almost one in every two crimes a fraud or cybercrime there has never been a more urgent time for organisations to be alert to both the external and internal fraud threat.”Frauds are
Compliance and fraud prevention: a director’s guide Read More »