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How to Eliminate Common Sources of Employee Fraud

By October 30, 2017December 18th, 2017Articles, Information Security

While you want to believe all your employees are loyal and trustworthy, many reasons exist for why a worker may commit fraud. And there are many ways that they can do it. Workplace fraud, which ranges from asset misappropriation to data theft, can have a major impact on your organization, so it is important for everyone involved to take steps to protect themselves, which in turn, helps to protect their company.

Modern technology allows for conducting business faster and more efficiently, but on the flip side it also presents a greater opportunity for fraud. Awareness and prevention are key deterrents when it comes to combating fraud. Everyone needs to do their part to safeguard workspaces and other vulnerable areas in their offices.

Fraud prevention should be woven into the fabric of your company, starting from the very top and trickling down to the very bottom. A clear tone must be set that fraud of any kind will not be tolerated. In terms of culture, senior executives must lead by example.

Clear communication and fraud prevention should be woven into the fabric of your company, starting from the very top and trickling down to the very bottom. A clear tone must be set that fraud of any kind will not be tolerated. In terms of culture, senior executives must lead by example. Relevant information can provide a good foundation for implementing and maintaining sound internal practices to reduce risk. In addition, employees must be accountable to follow safety procedures, and a process must be in place for reporting misconduct.

Read the full article on Trustwave: How to Eliminate Common Sources of Employee Fraud

EVO Payments, Inc.

EVO Payments, Inc. (NASDAQ:EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from micro-enterprises to multinational companies and organizations across the globe. EVO supports all major card types in the markets it serves.

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