12 Quick Ways to Protect Your Company From a Business Email Compromise Scam

12 Quick Ways to Protect Your Company From a Business Email Compromise Scam

Since 2013, when the FBI began tracking business email compromise as an emerging financial cyber threat, organized crime groups have targeted large and small organizations in every U.S. state and more than 100 countries around the world — from nonprofits and well-known corporations to churches and school systems. Losses are in the billions of dollars and climbing. It is noteworthy that BEC is now one of the most common and prolific fraud schemes. With that chilling thought in mind, here are 12 quick ways you can protect your company from a business email compromise scam.

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How to Avoid This Genetic Testing Scam That Targets Seniors

How to Avoid This Genetic Testing Scam That Targets Seniors

CBS News recently reported the results of an investigation into a large-scale, wide-reaching Medicare fraud scam that has been affecting dozens of people across the United States. The story illustrates the struggles faced by senior citizens who were targeted primarily by a company called Genexe Health, which claims to be a genetic testing “one-stop shop.”

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Member Spotlight: Jennifer Hung, CFE

Member Spotlight: Jennifer Hung, CFE

Jennifer Hung, CFE, is a senior program analyst in heightened scrutiny/compliance at the Schools and Libraries (E-rate) Program in the Universal Service Administrative Company (USAC). USAC is an independent not-for-profit organization designated by the FCC to administer the Universal Service Fund (USF). Jennifer is a detailed-oriented problem solver and always strives to develop and maintain the program integrity and ensure the reduction of waste, fraud and abuse. She currently resides in Washington, D.C. and loves traveling. Her footsteps have touched every continent in the world. She also enjoys the arts and music programs D.C. has to offer. In addition to being a frequent volunteer at the concerts series from the Library of Congress, Jennifer also serves as a special event volunteer at the Smithsonian National Zoo and Cultural Tourism D.C.

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A Community Project in Forensic Accounting and Fraud Examination

A Community Project in Forensic Accounting and Fraud Examination

The way students are learning has significantly changed since I attended college classes 30 years ago. I remember my accounting instructor standing in front of the 300-seat lecture hall with an overhead projector. When I first started teaching, I thought I was being “progressive” using PowerPoint slides! Today’s students are demanding more hands-on experience. They don’t want to just sit there and be “talked at.” They want more of the “tell me, show me, let me do it” type classroom. One of the most successful components of my class is the community project my students undertake each semester. Here’s how it works.

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3 Companies Developing State-of-the-Art Blockchain Analytics Tools

3 Companies Developing State-of-the-Art Blockchain Analytics Tools

A few months ago, new global regulations were recommended by the Financial Action Task Force (FATF) to help prevent and deter terrorists and criminals from using cryptocurrencies. However, it will take some time before countries adopt these regulations and have proper prevention and compliance programs in place. In the meantime, numerous firms that specialize in blockchain analytics have created software with the focus of preventing, detecting and investigating cryptocurrencies used for terror financing, money laundering, fraud and compliance violations. Here are three firms who should be on your radar because of the fascinating and groundbreaking work they are doing in the world of blockchain analytics.

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