Focus on Fraud: 2017

The threat of a cyberattack is ever present on executives’ minds, and cybersecurity is the  hot topic in governance circles. The issue facing executives is that many different standards and frameworks regarding cybersecurity have evolved, and each framework tends to be more widely adopted in certain parts of the globe.

Variations in Frameworks

In the U.S., the trust services principles established by the AICPA have emerged. This is the backbone of what is commonly known as a Service Organization Controls (SOC) 2 report. The International Organization for Standardization,(ISO), is a globally recognized standard setter that has established benchmarks for quality for many different concerns and industries for over 70 years.

 » Read more

Trust is foundational to any relationship, both personally and professionally.  Trust is also something that needs to be nurtured over time, with the main ingredients being integrity, honesty and demonstration of respect. Lack of trust in the workplace can lead to a culture of backstabbing and paranoid suspicion, and perhaps even to the demise of a business.

But at the same time, trust has a dark side as well.  Too much trust can leave the door wide open for occupational fraud.

Picture the following:  An Accounting Manager (AM) for Firm X has been with the business for decades and is beloved by staff and management alike. 

 » Read more

I recently heard a fable involving an elderly Native American warrior teaching a life lesson to his grandson. He said, “A fight is going on inside me.  It is a terrible fight and it is between two wolves. One is evil – he is anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority, and ego.” He continued, “The other is good – he is joy, peace, love, hope, serenity, humility, kindness, benevolence, empathy, generosity, truth, compassion, and faith. The same fight is going on inside you – and inside every other person, too.” The grandson thought about it for a minute and then asked his grandfather,

 » Read more

Media Contact

Melissa Takade
Director of Marketing
Clark Nuber
Phone: 425-454-4919
Contact Melissa

Blog Archives

  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013