Time to confront the insider fraud issue

If you work in the accounting, operations, sales, customer service or purchasing department of a lender or financial services business you might be feeling a bit uncomfortable at the moment. And if you're a manager you are even more likely be feeling twitchy. Why? Well, according to a landmark report from the US you're one of the professionals most likely to commit insider fraud - a global problem that is growing at alarming speed. People who work in these areas are responsible for committing 80% of all insider fraud, the 2010 edition of the Global Fraud Report published by the influential Association of Certified Fraud Examiners claims. But that's not the end of the story. ACFE's research identifies banks and other financial services firms as the number one targets for criminal gangs of fraudsters, as well as opportunist thieves. Posted in: Internal Fraud