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By now the COVID-19 pandemic has impacted most people’s lives significantly. And it’s bringing about more changes than just kids staying home from school and people working remotely. As the coronavirus spreads, so do the concerns of individuals and business owners. Companies are seeing business slowdowns, incurring revenue losses, experiencing disruptions in the supply chain, […]

  Due to the ongoing coronavirus pandemic disrupting the world, many people are dispersing to their homes to work and study. They’re taking their laptops and company data with them. Tech companies and IT staff members are swamped with requests to help employees set up the technology for their remote offices. “People who have never […]

“In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin, 1817 Long, long ago, before there were forensic accountants and tax accountants, there were taxes. Taxes have roots that stretch back to the ancient world. More than 4,500 years ago, ancient Mesopotamians paid taxes in the form of livestock […]

Hackers are inventive in many ways. Their lingo is no different. Like many groups, they have their own unique insider words and terminology. It’s a language that’s constantly evolving. While you don’t need to know the meaning of every word, it’s helpful to know terms relevant to things that might affect you. Some hacker slang, […]

Long, long ago in ancient times, there was a legendary conflict. It all began when Paris, the son of the king of Troy, ran off with Helen, the wife of the king of Sparta. Their elopement sparked a war between Greece and Troy that lasted for 10 years. The war finally ended when the Greeks […]

Bellagio chef busted for stealing $2K worth of lobster tails. Waiter caught stealing customers’ credit cards, sentenced to 12 years. Restaurant manager catches employee stealing from safe. We all know employee theft happens in most industries. Restaurants are no different. Just take a look at the headlines pulled from the news. In fact, employee theft […]

Credit and debit acceptance at merchants, wholesalers, contractors, and manufacturers is at a record high volume. Recording and keeping track of the credit cards is challenging. Businesses need to ensure the credit card receipts are reconciled, just like they should reconcile cash and check receipts. Reconciliations are key to mitigating and preventing employee theft. Sales […]

How do fraudsters and dishonest employees steal monies from a merchant’s credit card processing system? Here are a few common ways: Stealing Cash and Substituting a Credit Card Charge Usually an employee who handles cash has access to a credit card processing machine. The employee will misappropriate cash and run a false or stolen credit […]

By now, many people’s New Year’s resolutions have come and gone. But here’s one resolution that’s much easier to keep than getting up at 5:00 am every morning to exercise. You can start this one now, and it might just prevent you from becoming a victim of fraud. It’s simple and takes a second or […]

The concept of ransom is as old as crime; ransomware is the extension of ransom to the digital world. The first instance of a ransomware attack is thought to have taken place in 1989. This occurred when Joseph L. Popp, a biologist, sent 20,000 infected floppy disks to the guests at an International AIDS conference. […]

Did you know… In 2016, an Austrian Aerospace firm was defrauded of $42 million dollars. In 2017, Save the Children USA was the victim of a $1 million scam In 2019, a Toyota subsidiary suffered a loss of $37 million What caused these significant losses… it’s the rise of Business Email Compromise scams. What are […]