Corruption is a global phenomenon. No organization is immune to corruption or other violations, including higher educational institutions (universities). Although there is no statistical data available yet about corruption cases that involve universities in Indonesia, there are several cases that have made headlines during 2018-2019. A few of them being...
Internal investigation is an important part of handling certain problems that cannot be resolved informally in the company. Incomplete or flawed investigations can cause employees or certain parties to be vulnerable to unfair claims or have an impact on the financial loss and reputation of the company. Like IBM experienced in...
In general, fraud and theft in companies are conducted by internal parties. Based on the Global Fraud Survey by Kroll and the Economic Intelligence Unit, in 2011, 60% of the frauds were committed by senior managers, junior officers or third parties. To prevent this, it is important for companies to take...
Based on research by Glassdoor, the position of salesperson or professional salespeople is one of popular positions in a company. However, sales department also has a high turnover rate due to target pressure, power shortages and other factors. While we realize that sales department is vanguard of the company, the annual...
September of 2017, United States citizens were surprised by the hacking of Equifax, the company's providers of reports and credit scores. A total of 143 million credit card user data was exposed, which includes the cardholder's name, social security number, birth date, address and driver's license number. The attackers exploited a...
Ponzi scheme, an investment scheme born in 1920, is always consistent with the goal of making money quickly. However, the offered scheme harms its investors. This scheme is taken from the name of Charles Ponzi who invented and practiced this scheme. The perpetrators pay the old investors with money from the...
Buying an existing business may be more efficient in terms of time and effort than building a business from scratch. However, the purchase process requires a careful assessment. Once the money and assets moved, anything that happens to the acquired business becomes the new owner’s responsibility. In transactions of large...
Optimus Prime figure in the movie of Transformer, Auto in Wall-E, or Ultron in Avengers the Age of Ultron, those are probably things that crossed our minds when we hear the term of Artificial Intelligence (AI). AI is basically a device that imitates human cognitive functions associated with 'learning' and 'problem solving'. In...
Fraud risks are a common type of risk that every company faces. It can bring a devastating impact for both business and public, from draining financial resources to a damaged reputation. When the risk is overlooked, it can put the company in a vulnerable situation. Measure your company’s fraud health...
