Because the average investment account boasts a much larger balance that a typical checking or savings account, cybercriminals are particularly interested in hacking them. Financial institutions are […]
When Congress authorized an additional $600 in monthly unemployment benefits as part of the CARES Act, out-of-work Americans weren’t the only ones it helped. Criminals have descended […]
With cyberthieves active during COVID-19, the Internal Revenue Service and its Security Summit partners today urged tax professionals and other […]
Unlike some legitimate businesses, organized crime enterprises can be expected to weather the current COVID-19 crisis. In fact, with millions of Americans now working […]
(As posted to IRS.gov on 7/16/20)
Via IR-2020-160, the Internal Revenue Service today announced its annual […]
With COVID-19 still raging in much of the country, the opioid crisis may not be the top public health challenge on most Americans’ minds. […]
Skimming isn’t the biggest fraud threat for most businesses. The theft of cash receipts represents only 11% of asset appropriation schemes, according to the Association of Certified […]
New technologies, including artificial intelligence and machine learning, increasingly are being applied to the old problem of occupational fraud. But in most circumstances, common […]
Family businesses make up the vast majority of companies in the United States and produce 62% of the country’s gross domestic product, according to […]
Machine learning increasingly is being used to discover fraud schemes. Smart software can find fraud. With this type of artificial intelligence (AI), the technology […]
