The fraud is continuously on the rise. 94% of companies report that their exposure to fraud has increased. 73% of European companies reported suffering from at least one type of fraud in the last year.
 
To keep the fraud levels low, we need to be proactive. As the fraudsters become more artful, and the business environment more complex (consider IT complexity, increased outsourcing and offshoring), the safeguards need to become more advanced.
 
We go beyond internal controls, audit, or usual analytics. We concern ourselves with your business survival and continuity, greater profitability, positive image, improved efficiency and ability to meet commitments, decision making power and working knowledge. We apply the systemic approach in fraud fight applying 360° degree intelligence in four major interdependent ranges: enterprise intelligence, competitive intelligence, collective intelligence and protective intelligence.

Our goal is to develop the complete fraud prevention, detection, and deterrence solutions, significantly
reduce your business’ exposure to fraud risk, and increase your performance.
 
 




Questions to ask
 
Ask yourself, are your current actions enough to protect you against the potential fraud problems?
 
  • Are you aware of the risks your company may face and related costs?
  • Do you monitor the effectiveness of your internal controls regularly?
  • Are your procedures tailored and effective?
  • Have you thought about consequences of losing your sensitive data?
  • What happens if all your business systems go down?
  • Is your business data clean, correct, standardised, and reliable?
  • Do you screen your independent contractors and temporary workers the same as you do your employees?
  • Do you encrypt or limit the use of remote devices?
  • Have you established and do you enforce the consequences for security violations?
  • Do you engage conflict-free examiners to conduct investigations on malicious insiders who abuse IT systems?
  • Do you centralize and safeguard computer logs of important IT systems in a restricted-access location?
  • Is the use of removable media restricted?
  • Do you regularly back up data?
  • Are thorough employee termination procedures established in your company?



LOOK AT THE DARK SIDE OF THE MOON.
GIVE FRAUD THE RESPECT IT DESERVES.
 

FRAUD FACTS
In 2013, there was an 82% increase in individual frauds exceeding $1 million.
Average loss to fraud per organization experiencing fraud: 1.2% of all revenue.
One in 10 businesses reports a fraud cost of more than 4% of all revenue.
94% of companies report that their exposure to fraud has increased.
73% of European companies reported suffering from at least one type of fraud in the last year (10% increase from 2012).

 
SUPRISINGLY TOO MANY COMPANIES EXHIBIT A DANGEROUS COMPLACENCY:
  • Only 43% intend to invest in greater due diligence for partners or vendors over the next 12 months.
  • Sensitive client data is central to many business activities, but only around one-half of companies have a current information  security incident response plan.
  • One-third of companies do not invest into IT security.

 
“HE WHO DOES NOT PREVENT A CRIME WHEN HE CAN, ENCOURAGES IT.”
Lucius Annaeus Seneca