The Failure to Prevent Fraud (FTPF) offence will officially come into force as part of the Economic Crime and Corporate Transparency Act in September 2025. In a previous article, we explored the ...

It often takes a whopping loss or a shocking string of internal emails exposing egregious lapses in business judgement and alleged fraudulent activity to refocus the financial industry on an age-old ...

WASHINGTON, D.C. – The Securities and Exchange Commission (SEC) announced charges against software company SolarWinds and its chief information security officer (CISO), Timothy G. Brown, for fraud and ...

Fraud prevention is a critical issue for nonprofit organizations. Without the right safeguards, fraud can severely damage an organization’s reputation and financial health. Nonprofits, particularly ...

Internal auditors are seeing increased value from leveraging data analytics for internal controls evaluation, fraud detection and compliance monitoring, according to a new report. The report, released ...

Thought your rate-cutting competitors, skyrocketing insurance and fuel were your chief worries? How about the potential enemy within? Employee fraud happens and can take down a company. Many trucking ...

Washington, D.C.--(Newsfile Corp. - October 30, 2023) - The Securities and Exchange Commission today announced charges against Austin, Texas-based software company SolarWinds Corporation and its chief ...

Why should private companies care about internal controls? These are the relevant controls each company should have in place to reasonably ensure their financial data is complete and accurate. The ...

An essential function of every finance-related job on campus is to safeguard the assets of the university through the development and implementation of a solid structure of internal controls. Such a ...

The University at Buffalo will investigate and report suspected fraud and irregularities and will not tolerate retaliation against reporting employees. The University at Buffalo (UB, university) is ...

It is every employee’s responsibility to protect the University from unethical behavior. Ethical violations in any form will not be tolerated. To help prevent and detect unethical behavior each ...

In another high-profile takedown of a security executive connected to a security breach, the U.S. Securities and Exchange charged SolarWinds and its CISO with fraud and internal failures in connection ...