by admin | May 10, 2018 | News & Analysis
Anbang Insurance chairman Wu Xiaohui had assets of $US1.65 billion ($2.2 billion) confiscated after a Shanghai court found he had defrauded China’s second-largest insurance company of 65.2 billion Chinese yuan ($13 billion), and illegally misappropriated 10...
by admin | May 10, 2018 | News & Analysis
Whistleblowers may soon have stronger protections under a bill introduced to parliament in South Australia. The Liberal government on Thursday introduced legislation to shield journalists from criminal or civil liability if they do not disclose the identity of their...
by admin | May 9, 2018 | News & Analysis
Phishing, whaling and the tried-and-true methods of stealing money from companies via internal pilfering all made headlines this week. The FBI gave us a high-level view of how pervasive the threats are, while local stories showed the impact fraud can have on smaller...
by admin | May 7, 2018 | News & Analysis
How Australian organisations should safeguard against the threat of inside jobs. SAP says it requires proper controls to catch fraud before it happens. Business insiders are the most common perpetrators of business fraud, making up 36% of all fraud attributed to...
by admin | May 4, 2018 | News & Analysis
Fraud in the finance industry could be a thing of the past as a blockchain tool is being developed to help verify documents. Blockchain Against Fraud (BAF) is a system currently being tested to mitigate the level of fraud and reduce human error in the industry....
by admin | May 3, 2018 | News & Analysis
The Australian Human Rights Commission has warned that bills to create a national facial recognition service will have an “unprecedented” impact on Australians’ privacy....
