NEW YORK -- (BUSINESS WIRE) -- In recognition of International Fraud Awareness week, occurring November 16 – 22, Shred-it is calling on business leaders to protect their organizations’ and customers’ confidential data from fraud by addressing the most vulnerable areas in their workplace.
According to the 13th Global Fraud Survey from EY, nearly one in six American organizations suffered from fraud in the past two years, double the rate measured in 2012. While many organizations will focus on the risks posed by external threats, too many will fail to take a look inside their own operations.
“Businesses that overlook areas of vulnerability within their workplace risk opening their organization up to potential fraud and are putting themselves in danger of a costly data breach,” said Bruce Andrew, EVP, Shred-it. “The good news is that many of the risks faced by businesses are easy to mitigate with simple, inexpensive solutions.”
Shred-it has identified the following five fraud hot spots in the office:
Business leaders need to acknowledge vulnerabilities within the workplace and take action to introduce policies and procedures that will help reduce the risk of fraud.
“Each time a smart security policy, no matter how simple, is implemented, it reduces the risk of fraud,” said Mike Savage, Leader, Fraud Investigation and Dispute Services at EY. “Business leaders who take risk seriously are making their companies stronger and setting a tone for ethical behaviour.”
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Shred-it is a world-leading information security company providing information destruction services that ensure the security and integrity of our clients' private information. The company operates in 170 markets throughout 18 countries worldwide, servicing more than 300,000 global, national and local businesses. For more information, please visit www.shredit.com.