Organizations with over 5,000 employees have an annual direct identity fraud cost of $13 million on average – and the costs grow by multiples as the size of organizations increases.

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

3. Conduct Fraud Awareness Training It is everyone in the organization’s job to help prevent fraud. In order to do so, they need to be equipped with the proper knowledge.

Synthetic identity fraud is one of the most complex and challenging threats facing financial institutions today. Unlike ...

One potential issue is patient fraud perpetration, which begins with a cybercriminal assuming the identity of an insurance organization’s members.

AI-generated receipts and synthetic identity fraud can help businesses stay ahead of a growing threat. Synthetic identity ...

Minnesota Gov. Walz suspends Medicaid payments to 50 providers after housing fraud probe reveals massive scheme, vows ...

Minnesota Gov. Tim Walz said Monday he paused payments to dozens of the state's housing stabilization providers as federal ...

A spokeswoman for the Association of Certified Fraud Examiners, which bills itself as the world’s largest anti-fraud organization, referred to the definition in the organization’s Fraud ...

Among organizations with over 10,000 employees, 20% have an annual direct and indirect identity fraud cost of over $50 million. With the rise in AI-assisted fraud, attacks are becoming more ...

Among organizations with over 10,000 employees, 20% have an annual direct and indirect identity fraud cost of over $50 million. With the rise in AI-assisted fraud, attacks are becoming more ...