All tagged nonprofit fraud
Shadow databases are risky business, but widely used. But well-meaning volunteers or hard-working employees may expose your business to unnecessary risk. Don't be one of the 60 percent of businesses that goes under after a data breach. This risk is avoidable.
Guest blogger Kelly Wessel is all about the importance of internal controls in preventing fraud for small businesses and nonprofits. But some very small nonprofits think they can't create the separation of duties normally required. Not so. Here's a scaled back way for small nonprofits to add layers of controls.
Nonprofits are among the most vulnerable businesses. Running lean, keeping costs below minimum, focusing on their mission are all exactly what donors want to see. But they are also the behaviors that leave nonprofits at risk for fraud, hacking and cybercrime. First in a continuing series.
