The whistleblowing system is the most effective fraud detection tool, according to various studies. However, having a whistleblowing traditional hotline is not enough. For the whistleblowing system to work effectively, there are several requirements that must be met. One critical requirement is the availability of a safe and confidential reporting...
The popularity of cryptocurrencies has rendered them a target for hackers. Now, crypto owners need to be more vigilant than ever as hackers are always trying to get ahead to trick their targets. Researchers have observed several modus operandi used by hackers to steal crypto tokens, one of which is through...
In celebration of the 77th Independence Day of the Republic of Indonesia, PT Integrity Indonesia conducted an “office competition week”. This lively event was held between 16 to 19 August 2022 on the rooftop of Integrity’s headquarters office. Independence Day competitions have become a tradition for Indonesian citizens across the nation....
The urgency of conducting supply chain due diligence on CSR vendors With the growth of consumer awareness and support for ecological, environmental, and human issues, the term “sustainability” is no longer just a marketing gimmick—it has become an important corporate strategy. The main form of this strategy is the management of...
Detecting fraud committed by one person is difficult enough, but this difficulty increases significantly when multiple people collaborate. It's no surprise that collusion is one of the most difficult types of fraud to detect and causes the most median losses. Collusion is essentially the secret collaboration between two or more parties,...
The degree of loss caused by occupational fraud is strongly tied to the perpetrator's position. The higher the perpetrator's position, the larger the potential loss. Report to the Nations 2022 shows that the level of fraud strongly correlates with the perpetrators’ position. While the percentage of occupational fraud committed by executives...
Pre-employment background screening has proven to be one of the most effective ways to prevent fraud in companies, based on the Report to the Nations 2022. But is conducting pre-employment background screening alone enough to prevent fraud? How can companies address the potential risks that may arise after the recruitment...
The Art of Investigation explores what it takes to be a skilled, thorough, and efficient investigator. It digs into more than just the stages and procedures involved in directing an investigation. As the title suggests, it also covers the key traits required to conduct investigations successfully along the way. The book,...
In Indonesia, the term student loan may be a little unheard of. A student loan is a type of loan in which a person borrows money from the government, a bank, or a private lender to help pay for their college costs, such as tuition fees, supplies, books, and living...
People trust LinkedIn as a reputable professional networking platform. However, this networking platform is still susceptible to fraud. According to the FBI, the networking platform has become a breeding ground for crypto fraudsters, which poses a significant threat to both the platform and users. Crypto fraud has been a lucrative business....
