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According to an ACFE Report, over 40% of fraud risk detection cases across businesses come from tips/complaints from customers, vendors, or employees. With the number of fraud cases at an unprecedented rate, adopting a plan like the one above and following it can not only limit the company’s financial and reputational losses but also boost […]

According to the most recent case study from ACFE, 26% of organizations have begun using biometrics in their anti-fraud strategy, and an additional 16% plan to do so in the near future. For certified fraud examiners, technological disruption always creates new opportunities to identify irregularities or vulnerabilities in an organization. However, technological development also benefits […]

CFE certification is the gold standard for effectively detecting and mitigating the global threat of organizational and occupational fraud. It enables a professional to drive a continuous improvement ecosystem that identifies, detects, and addresses fraud risk. Professionals who pass the CFE exam and obtain the certification are widely respected, and esteemed, and are distinguished as […]

As digitization is picking up pace, the banking sector is more likely to remain and continue to scale on the target list of fraudsters. This is due to the inherence financial structure of the banking sector which makes it vulnerable to all kinds of sophisticated frauds that are not to be bargained with.  In light […]

Even with modern technologies at the banking sector’s disposal, fraudulent cases are still on the rise, proving that fraud is still an ongoing problem that will continue to evolve with digitization and more interconnectedness. There is no questioning that banking sector fraud costs millions of dollars in bandwidth, while disrupting the financial chain of the […]

An insider threat is the result of either hostile employee behavior, nefarious motives, hatred towards the organization, or an employee who is unaware of the security policies of an organization and unintentionally exposes the company to risks. Insider threat security necessitates a highly strategic strategy due to the variety of methods employed, the intricacy of […]

Maintaining the integrity and financial stability of the banking sector is crucial to sustaining the economic strength of a country. It is also important to keep up the trust of people in their public and private financial sectors. However, with the rising fraudulent cases impacting the banking sector and their sophistication making it challenging for […]

CIA Certification The accounting profession is a highly competitive domain that demands professionals to continuously drive towards advanced techniques and specialized skills in internal control, risk management, and compliance. The field requires professionals to leverage best practices and the latest trends to scale their career opportunities and stay on edge with their peers. This is […]

CIA Exam Preparation Professionals in the internal auditing and accounting field often get overwhelmed by the idea of obtaining a certified internal auditor credential. While the exam in itself is considered slightly on the difficult side and preparing for it could seem daunting for some aspirants, the benefits of obtaining the CIA certification make it […]

Certified internal auditors are trained professionals who contribute to the operational efficiencies of an organization by preventing costly disruptions in the evolving business landscape. This is especially valid in accounting practices where the likelihood of human error, risk penetration, and financial loss is high, leading to operational failure and reputational losses. A certified internal auditor […]