Insider Fraud Spotlight — Attachmate Luminet

Why Companies Ignore Fraud Prevention Failures

by Christine Meyers 1 August 2013

Failure to recognize or respond to workplace fraud costs U.S. businesses millions each year. While circumstances leading to fraudulent behavior vary widely among companies, recent studies may reveal why some institutions ignore illegal activity – even when it’s happening in plain view. Here are some reasons companies turn a blind eye to expensive, systemic insider [...]

Reasons Why Corporate Compliance is Good for Business

by Christine Meyers 20 June 2013

Collecting data and preparing reports for an auditor can seem burdensome and confusing. With so many regulations in place, the paperwork never seems to end. But the regulatory process is actually good for your business. After all, regulations were put in place by industry groups and government agencies to protect the public and shareholder interests. [...]

HIPAA and HITRUST for Healthcare: What’s the Difference?

by Christine Meyers 10 February 2013

Healthcare institutions are working hard to map audit and compliance efforts throughout their organization–especially across critical applications and mainframe systems with legacy applications. All of this effort will result in more secure EHRs and improvements in patient privacy protections. But in a world of constrained resources, where should care providers focus the bulk of their [...]

Presidential Memo on Insider Threat: Big Brother or Sound Policy?

by Christine Meyers 5 December 2012

Recently, an Executive Memo was released addressing the vexing issue of insider threat within departments and agencies of the federal government. This presidential memorandum,“National Insider Threat Policy and Minimum Standards for Executive Branch Insider Threat Programs,” was issued on Nov. 21, 2012. The text of the memo is captured below: This Presidential Memorandum transmits the [...]

HITECH, Meaningful Use and the 5 Pillars of Health Outcomes

by Christine Meyers 8 November 2012

The Meaningful Use program was first established by the U.S. Federal Government as part of the 2009 HITECH Act. The goal was to foster the creation of the infrastructure needed to support healthcare reform. As the 2014 deadline for Meaningful Use Stage 2 draws closer, organizations are planning now for improvements in the way they [...]

3 Ways Leading Companies Reduce Risk

by Christine Meyers 9 October 2012

The business risks—financial loss, failed audits, regulatory fines, and brand damage—of insider threats to your corporate data are too devastating to ignore. Here’s how learning from industry best practices can help you prevent these threats, including fraud and information leakage, and protect your business: Demand 100% visibility so nothing gets missed Capturing data in logs [...]

3 Types of Insider Threat and How to Spot Them

by Christine Meyers 12 September 2012

Insider threats—the most challenging for organizations to address—are often difficult to spot and pose huge risks for your organization. While many of the motivations are the same, there are three distinct types of fraudulent insiders. Read part one of our series to understand who commits fraud. Part two will focus on what to look for [...]

Most Common HIPAA Violation? Small-Scale Snooping

by Christine Meyers 14 August 2012

Health privacy violations are lethal. They can create reputation management nightmares and generate stiff fines. Even a single HIPAA violation has serious financial consequences. The minimum fine now stands at $50,000, with a maximum penalty per year of up to $1.5 million per each provision of the rules. Since many healthcare privacy breaches involve multiple [...]

What Is the True Cost of Fraud?

by Christine Meyers 30 July 2012

Organizations lose millions to fraud. According to the most recent ACFE Report to the Nations, organizations lose about 5% of their annual revenue to fraud. That number is staggering. What’s even more troubling is all the different ways organizations are “paying” for the hidden fraud in their companies today. Here are just a few of [...]

Fraud in Government: New PWC Study Says its Getting Worse

by Christine Meyers 17 May 2012

Government agencies around the globe are at risk from within. Just as in the private sector, more error and misuse occurs from internal employees and partners and suppliers than from anyone else. A recent study from Price Waterhouse Coopers indicates that the problem may be getting worse. According to the consultancy’s latest Global Economic Crime [...]

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