According to a survey conducted by ACFE – Association of Certified Fraud Examiners – every year companies lose over 5% of their profits due to theft and other crimes realized by employees. The potential damage was estimated at global level, in three billion dollars. Frauds by employees affect all companies, small, medium and large.
They have causes, methods and impact very different, but have a common denominator: on the one hand, the lack of knowledge of the risks and internal vulnerabilities and, at the other hand, the inability to prevent and manage employees infidelity. It’s a complex problem and an ever-changing phenomenon. The studies, carried out are still limited, but the scenario that they show is quite clear: companies bear the economic risks, direct or indirect, caused by their employees, at all levels of the hierarchy. But, are often the same companies to provide opportunities for the realization of abuses and violations.
On average, companies employ about 18 months to intercept fraud and more long is the time of detection, greater is the damage and the impact on the business environment. Currently, the most popular way to become aware of the existence of domestic abuse is the “whisper”. Another employee acts as a “spy” about an unlawful. In 30% of cases, the managers can be peaceful carrying out constant monitoring activities through appropriate tools. In fact, almost always, the cause of these events is to be found in the total absence of anti-fraud policies and, when these are present, they’re inadequate. Only those who rely on professional in security and surveillance field are able to actually prevent fraud of any kind.
Regardless of the numbers, what it’s important emphasized is the resignation that companies seem to have against the risk of fraud; in other words, companies try to hide their inability to limit employee dishonesty behind a kind of tacit tolerance. This threshold moves ever forward, year after year, and beyond this threshold there isn’t almost never an efficiently and effectively plan against fraud. Building and, above all, implement an anti fraud strategy within the company, isn’t difficult and, however, one cannot do without.