Over recent years we have seen examples of people's resilience in the face of hardships. But what happens when too many obstacles are thrown our way? Sometimes, people under pressure will do things that ought not to be done. With the recent rising prices of just about everything, and the looming threat of economic recession, people may be more likely to find other (less ethical) means of “earning” income.
We are now accustomed to making our data tables from our dining tables and preparing bank reconciliations from our bedrooms, which is why, it's crucial to be mindful of changes to how we work to combat employee fraud.
To mitigate employee fraud risks, we should modify our internal controls and implement different types of management oversight. With remote working, it may be easier to abuse the present controls, falsify or bypass approvals, or forgo asking questions when things aren't adding up. It is essential to remain vigilant and ensure the company's integrity isn't compromised. As our working arrangements evolve, we must remember those at their desks and dens.