Embezzlement is scary business, so what can you do to protect your company against future or past cases you may be involved in? Take a look at these guidelines to get started.
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fraud prevention
Credit card fraud has gotten more prevalent in the past several years. It used to be a lot more difficult before, when stealing credit card information required actual possession of the card. However, today, virtual access is sufficient in order for the financial identity and security of a person to be compromised.
Child credit fraud with lost cards has been rather common as well. One may think that children are not going to be affected. The reality, however, is that they are in fact more susceptible than anyone else. According to researchers at the Carnegie Mellon University, while less than one percent of adults were victims of identity theft in a year, 10% of children were victims of the crime.
Then again, although the number may appear small for the adults as compared to the children, it does not mean that the adults are any safer. Having one’s identity stolen can occur in a variety of ways:
1 Lost cards id theft
2 Phishing/ skimming
3 Credit scams
4 Social network exposure
5 Social Security number