A little-known evil that is occurring today is the phenomenon of industrial espionage. In fact, this is a problem that has been around for quite some time.
Company N called for a tender for preparation of design estimate documentation. At the stage of receiving requests the company found out that one of their employees had attempted to participate too.
From advancing computing speeds to high-performance analytics to machine learning and other forms of AI, fraud prevention technology has come a long way.
If most people were asked if stealing is wrong, they would answer “Yes”. In spite of this, organizations all over the world lose about 4 billion dollars to fraud on an annual basis.
Avoiding corporate fraud is no easy task considering the great variety of forms of embezzlement and deception that may take place. In the past 20 years, over 1,000 executives have been convicted of corporate fraud.