Corporate Fraud Prevention
This video collection features Trent Green, Managing Director, Deposit & Treasury Management at Oakworth, and corresponds to our larger corporate fraud prevention education series. Learn more about how you can manage corporate fraud. How Oakworth Can…
In 2022, banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network. That’s nearly double the 350,000 reported in 2021. Since May of this year, the U.S. Postal Service Inspection Service has…
What are the steps your business team can take to prevent corporate fraud? Our Oakworth Treasury Management team gives you a detailed discussion to explain how you can better protect your business on the front end.…
Business Email Compromise (BEC) is a direct attack that exploits and targets individuals through social engineering tactics, such as impersonating an executive, vendor, or associate or stealing credentials in order to get an associate to share…
According to the Association of Certified Fraud Examiners (ACFE), American businesses will lose an average of 5% of their gross revenue each year to fraud, causing a median loss of $117,000. Smaller businesses are at an…
Have you safeguarded your hard-earned assets against fraud? Scammers continue to grow more creative than ever; masters of modern-day deceit that will strike when least expected, often disguised as someone you trust. According to the Association…