Articles Tagged with ''fraud prevention''

Security News -- Identity Fraud

GAO: Fake Drivers Licenses Still a Threat

September 26, 2012

Investigators from the Government Accountability Office (GAO) were able to obtain drivers licenses and state IDs using counterfeit materials in three different states.

Why Healthcare Records Are a Hacker’s Holy Grail

Seema Sheth-Voss

September 25, 2012

A recent Ponemon institute survey reported that while the cost for data breaches is trending downward, this does not apply to stolen healthcare information.

Security News -- Banking and Finance

Ex-Lloyds Security Chief Gets 2.5 Years for Fraud Case

September 21, 2012

Jessica Harper, 50, was sentenced to two-and-a-half years in jail after submitting false invoices for more than 2.4 million pounds from 2007 to 2011.

Diane Ritchey

September 4, 2012

Get to know Charles E. Andrews, Director of Security for the TeleCheck business at First Data, a payment processing company that provides merchant transaction processing services: credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions.

5 Ways to Spot White Collar Fraud

James D. Ratley

September 4, 2012

Unlike most other crimes, employee fraud involves both deception and an abuse of the trust that has been placed in the perpetrators as part of their professional roles. Most fraudsters also undertake specific efforts to conceal their crimes. This combination of factors makes fraud schemes particularly difficult to detect – which, in turn, allows the frauds to continue uninterrupted and the losses to multiply.

Security News -- Fraud Prevention

22 Charged in Scheme to Cheat Comcast

August 8, 2012

An elaborate scheme to defraud Comcast of more than $2.4 million has been uncovered, and 22 are charged in connection with the conspiracy.

Security News -- Fraud Prevention

Bank Digital Security Chief Admits $3.76 Million Fraud

August 7, 2012

Jessica Harper, former head of digital banking fraud and security at Lloyds Banking Group Plc, has admitted to fraud and money laundering.

Creating an Effective Whistleblower Program

Jim Ratley

August 1, 2012

Whistleblower tips are the most common method of detecting occupational fraud. Research by the Association of Certified Fraud Examiners shows that more than 60 percent of frauds are uncovered by tips; in organizations with a hotline in place, tips expose more than half of all frauds. Further, nearly 40 percent of tips are received from internal employees.

Protecting Against the Thieves Within: How to Implement an Effective Fraud Prevention Program

Jim Ratley

May 22, 2012

Research conducted by the Association of Certified Fraud Examiners (ACFE) shows that the typical organization loses an estimated 5 percent of its revenues to fraud each year, and more than 85 percent of all occupational fraud cases involve employee theft.

Crime Continued for More Than a Year

Global Payments Breach Reportedly Worse Than Expected

Was There a Coverup?

May 21, 2012

Security breach at credit card processing company Global Payments may have gone on for months.

Digital threats to executives and other high-profile employees are evolving faster than most corporate protection programs. Learn why modern executive protection programs require data-driven, intelligence-led strategies to keep pace with the magnitude of today’s threats.