AI-enabled fraud has become so sophisticated more than one-third of senior internal audit leaders aren't even sure whether or not their organizations have been the targets of any attempts.

Less than 40% of audit leaders believe their companies have the right internal processes to detect AI-enabled fraud, a report being released Tuesday found.

Fraud is a major problem that affects all organizations worldwide. I often tell business owners, it's not a matter of if it will happen — it's when. Because fraud frequently goes undetected or ...

Many businesses had to go into survival mode because of the macroeconomic challenges of the COVID-19 pandemic. For some companies, that meant rapidly changing operating procedures to satisfy changing ...

Even well-meaning teams can misuse company resources, intentionally or not. Here are five warning signs of internal company fraud — plus ways to prevent it. A methodical and undetected internal fraud ...

AI fraud has now outpaced traditional fraud, signaling a major shift in the threat landscape, according to the research.

In the digital age, the fluidity of business transactions has been matched by the ingenuity of fraudsters, making B2B payment fraud a growing concern. As businesses evolve, so too do the methods of ...

Business fraud is real. According to a report by the Association of Certified Fraud Examiners, “U.S. Businesses will lose an average of 5% of their gross revenues to fraud.” One of the most common ...

Unethical or illegal conduct in business and public institutions can have disastrous consequences for the public interest, but also for organisations themselves. Think of the case of Wirecard, the ...