Headquartered in New York City, Kroll is an independent, global corporate investigation firm providing anti-corruption risk consulting for M&A, IPO and supply chain due diligence.
London-based, Howard Cooper and Justine Radnedge joined us for an update on how criminals are increasingly targeting employees to become unwitting co-conspirators in major fraud.
Cooper, the Managing Director and Global Co-Head of the Financial Investigations Practice, shared a shocking case study involving a romantic connection made via LinkedIn that ended up costing the victimized company $250 million.
There has been an increase in external threats and criminal organizations are becoming more sophisticated and systematic. The critical weakness is the human aspect, meaning that every employee is a potential liability to the company.
Radnedge went on to cover the processes that Kroll deploys to track down criminal organizations as well as compliance protocols companies should make sure to astutely follow such situations.