The fraudsters are getting smarter in utilizing technology and opportunities to launch their actions. The good news is that fraud prevention is very likely to be done by utilizing technology. The terms artificial intelligence (AI) and machine learning have become buzzwords in the fraud world in recent years. The two...
No one can deny that the success of any company relies on its employees. Therefore, selecting and hiring the right ones becomes a critical step in recruitment. The things that the candidate stated in two sheets of CV do not guarantee the employer from hiring the right ones. There have...
Whenever fraud is discovered, a few hours or days will become frustrating for a company. Should your company maintain a whistleblowing system, you would have the procedure necessary to help you through the hardest days while those who have not maintained one, the situation could be way more complicated. But,...
There has been a lot of debate among the researchers and no general consensus on what motivates an individual to blow the whistle. However, at least a result of a study entitled The Whistleblower's Dilemma and The Fairness-loyalty Tradeoff reveals that fairness and loyalty are basic human values that...
Identity theft does not only do happen to individuals, but also to business entities and that is what we call corporate identity theft. What is it actually? Like individuals, companies also have identities. What are the company identities? They are name, logo, domain, certificate, bank account number, and others attribute that...
In welcoming the beginning of 2019, e-commerce needs to prepare a new strategy to protect the reputation of the platform and consumers from fraud. Juniper Research estimated that the annual losses suffered by e-commerce due to payment fraud are estimated at 48 billion dollars by 2023 which doubled from 22...
As the business world is reshaped constantly by the unprecedented market forces, implementing market-tailored hiring strategy is critical. Following the trend will help employers crafting the right hiring strategy. Over the next year, these trends require you to change your old hiring strategy. 1. Background screening on freelancer ‘Gig economy’, a term...
The cross-border e-commerce trend has started since the end of 2017 and will continue to strengthen in 2019, especially after representatives of ASEAN countries signed a cross-border e-transaction policy agreement during the last November at the ASEAN Summit and Related Summit in Singapore. Accenture, a technology and business consultant, estimates that...
Counterfeit spirit has always been around and it affects both the business and the consumers. The World Health Organization (WHO) estimates that Indonesians drink unrecorded liquor for five times greater than drinking the one that is purchased in properly licensed stores. Unrecorded alcohol, among others, is alcohol that was purchased through...
