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.
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.
What does Dr. Park Dietz, one of the world’s foremost forensic psychiatrists, want you to know about mitigating workplace violence? Read his guide on warning signs and prevention, along with features and columns on RFID technology, mobile credential standards, security convergence, CSO interview questions and more in our February 2017 edition of Security magazine.