Wednesday 24 July 2013

"Inside the Fraudster’s Mind" - Dr Joseph T Wells' award winning article

Dr. Joseph T. Wells, CFE, CPA, has received the 2013 Outstanding Contributor Award from Internal Auditor magazine. The article is cited for its "outstanding quality, clear presentation of ideas, practicality, and relevance to the continuing practice of internal auditing."

Read it at:
http://www.theiia.org/intAuditor/feature-articles/2012/april/inside-the-fraudsters-mind/

Emerging Threat to Data Security - Storing Data in the Shadows & on the Cloud

In the rush to embrace developing technologies, organizations and their employees often unwittingly increase the risks of data loss. The convergence of cloud computing and powerful employee mobile devices means the goals of securing sensitive data and maintaining regulatory compliance are becoming more difficult. Many employees today incorporate personal devices into their daily work routine, often storing precious company documents on the same smart phones that access various social media apps, and are routinely left in movie theaters, taxis and restaurants.

Read more at:
http://www.acfe.com/fraud-examiner.aspx?id=4294978987

Wednesday 17 July 2013

Serious Fraud Office (UK) charges two brokers in the Libor Scandal

Britain's fraud prosecutor on Monday charged two former brokers at interdealer broker RP Martin with conspiracy to defraud, stepping up its investigation into the rigging of Libor benchmark interest rates.
http://www.reuters.com/article/2013/07/15/us-libor-britain-charges-idUSBRE96E0HM20130715