India’s business landscape remains buoyant, highlighted by improved ranking (100) in World Bank’s recently released Ease of Doing Business Report 2018. The market has seen a gradual through significant transformation on multiple fronts including new domestic and global reforms and the ongoing war against unethical practices. While, fraud, bribery and corruption remain endemic in emerging … More Strengthening governance and ethics this Int’l Fraud Awareness Week 2017
Safeguarding your technology assets has become critical than ever before. Further to the global outbreak on Friday, many global corporations have reported ransomware infections involving WannaCry 2.0 and many others that use the same exploit as WannaCry 2.0
The threat of cybercrime, and particularly ransomware has been accelerating at an alarming rate in recent times. In Switzerland, a number of high profile cases have been reported, indicating a shift in the perpetrator’s focus from targeting individuals to not only small and medium sized companies but also large organizations. Trend shows the healthcare sector … More Escalating ransomware threats in the healthcare sector
The world is more interconnected today than ever before with digitization and data sharing in businesses. These technological advancements can become a double-edged sword for not only Swiss companies but also all companies operating in a global ecosystem. Today, fraud has also assumed a digital avatar, especially because of the ever increasing activities of cybercriminals … More Defying cybercrime risks in Switzerland
2016 was a watershed year for the Indian information technology (IT-ITeS) sector. Many companies continued on an upward growth trajectory, and, as per a report by India Brand Equity Foundation, the sector is looking to achieve 12%-14% growth by the end of the financial year 2016-17. Data from the report further highlights that the Indian … More Combating fraud and corruption risks in the IT-ITeS sector – recap of 2016 and outlook for 2017
Market volatility, increased pressure to meet revenue targets and growth can compel many executives to adopt unethical practices. With rising cases of fraud, bribery, corruption, cybercrime and other forms of white-collar crime, there has been a surge in anti-fraud professionals or forensic investigators, who can help companies in detection and deterrence of risks. The Association of … More Investing in forensic specialists is critical to combat white collar crime in India
With increasing fraud and corruption, striking the compliance chord is paramount in today’s business environment. This is prompting companies to educate all stakeholders about these rising threats and mitigate future risks.