corporate fraud

SEC Issues Corporate Fraud Warning As BEC Scams Climb
SEC Issues Corporate Fraud Warning As BEC Scams Climb
November 16, 2020  |  Security & Fraud

The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware...

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity
BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity
July 06, 2020  |  B2B Payments

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the...

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Study: Financial Pressure Makes CFOs Prone To Fraud
Study: Financial Pressure Makes CFOs Prone To Fraud
February 20, 2020  |  B2B Payments

A recent academic study found that company CFOs are less likely to admit to fraud when they’re facing pressure to meet certain financial goals, according...

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The Many Faces Of Employee Fraud
The Many Faces Of Employee Fraud
October 21, 2019  |  B2B Payments

Corporate fraud comes in many colors, but for many businesses, the most unexpected threat is the one looming from within company walls. This week, IBM...

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New Details Emerge On Chinese Pharma’s $4.3B Fraud
New Details Emerge On Chinese Pharma’s $4.3B Fraud
May 30, 2019  |  B2B Payments

New details have surfaced about how a Chinese pharmaceutical conglomerate overstated its cash position by about $4.3 billion. Bloomberg reported on Wednesday (May 29) that...

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Should Auditors Be Responsible For Catching Corporate Fraud?
Should Auditors Be Responsible For Catching Corporate Fraud?
May 09, 2019  |  B2B Payments

Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and...

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Fraud Makes Headway Via ‘Payroll Diversion’
Fraud Makes Headway Via ‘Payroll Diversion’
January 25, 2019  |  B2B Payments

Corporate fraud – from within the company, and from without – continues to make headlines and headway, with the past week having seen some revisits...

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South Africa Government Losing Billions To Trade Mis-Invoicing
South Africa Government Losing Billions To Trade Mis-Invoicing
November 21, 2018  |  B2B Payments

Analysts estimate the South African government has lost a total of about $37 billion as a result of misinvoicing in its global trade operations. Reports...

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Vocalink On The Grim Facts Behind Financial Crime’s $1.4T Toll
Vocalink On The Grim Facts Behind Financial Crime’s $1.4T Toll
October 02, 2018  |  Security & Fraud

Halloween comes early this year as we delve into a slew of grisly facts about financial crime in our latest Data Drivers. Losses amount to...

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