Technology and computer analytics are important tools in the fight against fraud.  But it is not the magic and exclusive bullet.  Fraud is committed by humans and investing in the human element, while difficult to measure, is an important part of every fraud prevention strategy. The fraud triangle is an essential framework for understanding fraudster behavior.  The fraud triangle is no panacea but it is...

For the love of money is the root of all evil – 1 Timothy 6:10, King James Version, The Bible Corporate bribery requires money.  How is that for something obvious. Companies face a variety of threats – one enduring threat is the risk of fraud or theft.  Unfortunately, employee fraud is all too common. PWC’s 2018 Global Economic Crime and Fraud Survey reported that “only...