Learn more about technologyandthefuture with this collection
How to develop a growth mindset
How to think creatively and outside the box
How to embrace change
Asset misappropriation and insider fraud
Sometimes, employees steal cash or valuable data or use company assets for their benefit. This is considered the misappropriation of company assets.
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Business fraud is a major threat
A 2020 fraud survey estimated that the total cost of company fraud in the US to be about $7 billion in a year.
Many fraudsters use the internet as their primary mode of trade. Therefore, business owners should invest in better cybersecurity systems and programs to protect t...
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80 reads
Business Email Compromise
Scammers persuade businesses to give them sensitive information or make payments. Then they get access to unauthorised business email accounts, monitor the company's activities and impersonate the stakeholders.
Scammers get hold of information through social engineering, phishing, social me...
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59 reads
Protect your business from fraud
- Establish a dual control security system for online banking. Also ensure you have at least two employees involved in every business transaction.
- Enhance password securities.
- Use multi-factor authentication.
- Install proper firewall and security software to protect your...
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60 reads
Monitor Fraudulent Activities
Fraudsters aim to find weak links and vulnerabilities in your business systems from where they can stage their attack.
To strengthen your business from fraud, you need to know the methods that fraudsters use, which part of your security system to strengthen, and which tools...
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48 reads
Data fraud
Cybercriminals steal business information from companies' databases, for example, financial information, personal information, secret project blueprints, other classified information.
Then they use this information to ask for ransom or sell it to competitors. Data fraud can also occur when ...
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54 reads
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Asset investing
It is anything that will increase your wealth without personal labor.
- Businesses. This is a broad asset class. You can buy dividend-stocks on the market, and then the companies will pay you a share of the profit. You can start your own business. You can buy into othe...
Investing defined
Investing is about laying out cash or assets now, in the hope of more cash or assets returning to you tomorrow, or next year, or next decade.
Most of the time, this is best achieved through the acquisition of productive assets.
Encourage A Healthy Work/Life Balance
- Employees need to know exactly what working remotely entails in order to determine whether it would be something they enjoy.
- Working hours. Is the company offering a flexible working schedule, standardized work hours, or something in-between? ...
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