Risk Management, Fraud & Valuation

Nov 21, 2024, 00:00 AM by Jessica Salerno Shumaker

As fraud risks continue to evolve, often the approaches we need to take to fight fraud evolve as well.

Nov 8, 2024, 00:00 AM by Jessica Barboza

The cybersecurity skills gap continues to widen, with serious consequences for organizations worldwide. According to IBM’s 2024 Cost Of A Data Breach Report, more than half of breached organizations now face severe security staffing shortages, a whopping 26.2% increase from the previous year.

Nov 8, 2024, 00:00 AM by Jessica Barboza

Commercial insurance rate increases slowed slightly in most major coverage lines in October, and rate decreases accelerated in workers compensation, according to a report from Ivans Insurance Services, a unit of Applied Systems Inc.

Nov 8, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Oct 25, 2024, 00:00 AM by Jessica Barboza

In JPMorgan Chase’s most recent earnings call, CEO Jamie Dimon discussed how his company has been monitoring current geopolitical threats that could affect the global economy. He warns that although the U.S. economy has appeared resilient, the largest U.S. bank is preparing for all possible outcomes and economic conditions.

Oct 25, 2024, 00:00 AM by Jessica Barboza

Machine learning AI helped the US Treasury Department to sift through massive amounts of data and recover $1 billion worth of check fraud in fiscal 2024 alone, according to new estimates. That’s nearly triple what the Treasury recovered in the prior fiscal year.

Oct 25, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Oct 11, 2024, 00:00 AM by Jessica Barboza

Unsafe security practices were analyzed in a recent report by software company Ivanti.

Oct 11, 2024, 00:00 AM by Jessica Barboza

On September 23, 2024, the U.S. Department of Justice (DOJ) updated its Evaluation of Corporate Compliance Programs (ECCP) guidance. First published in 2017, the ECCP sets out factors that DOJ Criminal Division prosecutors will consider when evaluating the compliance program of a company facing a criminal enforcement action.

Oct 11, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Oct 10, 2024, 00:00 AM by Jessica Salerno Shumaker

Occupational fraud can be a serious threat to a business.

Sep 27, 2024, 00:00 AM by Jessica Barboza

CFOs are no strangers to risk management, but as the finance chief’s position morphs into that of a strategic leader, such competencies have become more sought-after.

Sep 27, 2024, 00:00 AM by Jessica Barboza

Any data relating to a company on the dark web significantly increases that organization’s risk of suffering a cyberattack, according to a study by Marsh McLennan’s Cyber Risk Intelligence Center.

Sep 27, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Sep 13, 2024, 00:00 AM by Jessica Barboza

Rapid advances in AI outpace efforts to contain the business risks from the technology, the World Economic Forum said, describing results from a survey of Chief Risk Officers at large companies and international organizations.

Sep 13, 2024, 00:00 AM by Jessica Barboza

Banks, credit unions and digital lenders continue to face an increase in lending fraud targeting small- and mid-sized businesses (SMBs), according to LexiNexis Risk Solutions.

Sep 13, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Sep 5, 2024, 00:00 AM by Jessica Salerno Shumaker

Ignoring cryptocurrency could mean ignoring the signs of fraud, said one forensics expert.

Aug 30, 2024, 00:00 AM by Jessica Barboza

A new report shows that ransomware has remained a top threat since January 2023, with 64% of related claims in its portfolio resulting in a loss during that period.

Aug 30, 2024, 00:00 AM by Jessica Barboza

Business payment fraud clearly has become a big headache for companies. But it’s not easy to get a handle on just how big the problem is, with about half of companies saying they don’t have a clue about the extent of their exposure, according to a new study.