Scams, fraud increased in Australia during 2013

ACCC says dating/romance scams most expensive for victims while card fraud reached $290.9 million reports Australian Payments Clearing Association

http://www.computerworld.com.au/article/547858/scams_fraud_increased_australia_during_2013/

Hotlines, Not Audits, Catch Crooked Employees

Read more at:

http://ww2.cfo.com/fraud/2014/06/hotlines-audits-catch-crooked-employees/

Mary Berners-Lee: An Unlikely Fraud Victim

As crime victims go, a 90-year-old pensioner might appear typical. But Mary Berners-Lee is a highly regarded mathematician who helped create the world's first commercial computer, the Ferranti Mark I. She is also the mother of Tim Berners-Lee, the man who invented the world wide web. Yet even she was outsmarted by the courier scammers. Watch the video

http://www.bbc.com/news/business-27688173

EBay customers must reset passwords after major hack (Watch a hacker steal encrypted passwords)

Reset you PayPal Passwords as well.

http://money.cnn.com/2014/05/21/technology/security/ebay-passwords/index.html?hpt=hp_t1

Report to the Nations on Occupational Fraud & Abuse - 2014 Report

Some Key Findings:

• Survey participants estimated that the typical organization loses 5% of revenues each year to fraud. If applied to the 2013 estimated Gross World Product, this translates to a potential projected global fraud loss of nearly $3.7 trillion.
• The median loss caused by the frauds in our study was $145,000. Additionally, 24% of the cases involved losses of at least $1 million.

For more:

http://www.acfe.com/RTTN.aspx

Intelligence Assessment And Unpredictability

Kris Wheaton’s reflection on his class discussion (How to Analyze Black Swans) is useful in understanding the challenge of elaborating future possibilities in intelligence assessments. 

Mark Lowenthal’s comment on Black Swans also illuminates an important aspect of uncertainty—while a situation may be completely mysterious to some observers, others may be very familiar with every aspect of it. Their knowledge, however, may not be transferable to intelligence analysts. 

Read more at:
http://sourcesandmethods.blogspot.com.au/2014/04/intelligence-assessment-and.html

10 golden tenets of fraud prevention and deterrence Part 1

http://www.fraud-magazine.com/article.aspx?id=4294982428