Aug 14, 2023 | Blog, Cybersecurity
Payroll is often a company’s most significant expense. Unfortunately, theft within the payroll system can result if internal controls are not in place and steps are not taken to detect fraudulent activity in the company’s records. But there is good news: Payroll fraud...
Feb 27, 2023 | Advisory, Blog, Cybersecurity
According to a recent survey by software company Medius and researcher Censuswide, middle-market businesses lose an average of almost $300,000 annually to invoice fraud. Invoice fraud can be challenging to spot — and even more difficult to recover from — but your...
Dec 26, 2022 | Blog, Cybersecurity
Given the impact that breaches can have and the level of sophistication shown by hackers in recent breaches, it is not a matter of if a breach will occur, but when and how it will occur. Cyber data — including financial data, sensitive customer information and...
Nov 28, 2022 | Blog, Cybersecurity
There are a multitude of reputable charities doing good deeds and supporting worthy causes, but scams designed to separate you from your hard-earned money without actual performance of charitable services also exist. You might think that you are too street savvy to be...
Jul 25, 2022 | Advisory, Blog, Closely Held Businesses, Cybersecurity, Manufacturing, Real Estate and Construction, Startup Business
When criminals steal an individual’s identity, the victim can take steps to minimize potential damage by, for example, notifying credit agencies and freezing bank accounts. But what happens if a cybercrook steals a company’s identity and uses it to engage in fraud?...
May 26, 2022 | Advisory, Blog, Closely Held Businesses, Cybersecurity, Estate Planning, Manufacturing, Nonprofit, Real Estate and Construction, Startup Business
According to blockchain data company Chainalysis, cryptocurrency transactions associated with illegal activity topped $14 billion in 2021. That’s almost double 2020 numbers — and the momentum shows no signs of slowing. In addition to outright cryptocurrency theft,...