Busy Little Bees

Send us Fan MailIn Fraud in the Office S3 E15: Busy Little Bees, Matthew is flying solo to explore how both sides are busy little bees. Fraudsters are constantly buzzing from program to program looking for weak controls to exploit, while organizations and government agencies are busy trying to respond after the damage is already done.With estimates of $500 billion to $1 trillion in fraud losses every year, Matthew examines why the real story isn't just the criminals—it's the systems that made the fraud possible. Featuring examples from healthcare and government fraud, discussions around the FBI's new Most Wanted Fraudsters list, and lessons in governance, identity management, segregation of duties, and accountability, this episode asks a difficult question:Should accountability stop with the fraudster, or should it also include those responsible for designing and maintaining systems with preventable control weaknesses?An ounce of prevention isn't just worth a pound of cure—it may be worth hundreds of billions of taxpayer dollars.Support the showFind us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1TrooperAnd don’t forget to subscribe!