Insider Threat: How To Prevent Internal Fraud And Theft During COVID-19

Which employee is stealing from your organization? Learn how to spot and stop internal fraud.

With the COVID-19 pandemic spawning more distributed work and less personal accountability, employee fraud is rising in many organizations. You may have colleagues stealing from your employer now or looking for an opportunity to exploit. These schemes take a wide range of forms, from claiming a few extra dollars in dubiously earned commissions to stealing millions through years of complicated transactions.

While no company owner, manager, colleague, or friend wants to believe an employee is blatantly stealing or even misrepresenting numbers, it happens frequently. You need to implement controls and prevention measures to mitigate financial and reputational risk.

• What is the root cause of internal misconduct?
• How should you conduct a fraud risk assessment?
• What enhanced oversight will enable you to spot fraud and misconduct?
• How can you prevent fraud?
• What controls should you implement?