Nonoccupational Fraud: The Altering Environment

Nonoccupational Fraud: The Altering Environment

This IDC Perspective discusses nonoccupational fraud. We define what it is, where schemes are learned, societal norms that are enhancing it, the types of technology solutions that can assist, and how to protect your business against it. In addition, we provide a list of resources to keep informed on the different fraud schemes and the statistics on these schemes. All of this is provided to help your business uncover nonoccupational fraud."Fraud is a critical area the office of the CFO will continuously be concerned with, given their fiduciary responsibility to the company. Unfortunately, it is fascinating to see the schemes used to execute nonoccupational fraud but so disheartening to see individuals committing it because of their own financial needs and continuing because of thrill or addiction of it. The knowledge to detect and stop it is critical to the office of the CFO and the financial communities in general." — Heather Herbst, research director, IDC's Worldwide Office of the CFO

Please Note: Extended description available upon request.