BUSINESS FRAUD IN THE DIGITAL AGE: PART 2 Your company’s intangible assets could be at risk if you or your employees are unaware of fraud attempts. Understanding the types of online fraud could save your company thousands, or even millions, of dollars in lost money, sales, reputation, and legal costs. Here are descriptions of some current types of fraud: Forgery – Old School is back. Stolen checks are rampant and there are countless examples of…

Business Fraud in the Digital Age: Part 1 Over the past decade, businesses have been moving their payment and treasury services to the cloud, online banking systems, and to electronic payments. That has led to an entirely new set of exposures to fraud. Ironically, there is also a surge in forgery claims as people have sought to pay bills with checks to avoid cyber-related fraud. The banking and payments system is constantly evolving and so…

As you may have heard, insurance premiums have been increasing because of the impact of supply chain disruption, general inflation, and medical inflation. We encourage you to take control. A good risk management program includes a good driver selection and qualification program. Virginia offers an inexpensive, effective tool as a part of this program – the Driver Alert Voluntary Driving Record Monitoring Program. This program allows employers to proactively receive notifications regarding changes or new…

Trench Safety Stand-down (TSSD) Week is scheduled for June 19-23, 2023. Each year, the National Utility Contractors Association (NUCA) holds this event to encourage employers to talk to their employees about trench safety and reinforce the importance of utilizing protective systems (e.g., sloping, shoring and shielding) to safeguard workers from trenching and excavation hazards. The event coincides with Trench Safety Month, which takes place throughout the month of June. This article provides more information on…