Webinar to help charities find and stop insider fraud
03 Jun 2019by Chloe Green
Insider fraud in the charity sector is on the rise, with a lack of background screening and employment checks a major contributor, a new study from identity services provider Sterling has warned.
The study pointed to the lack of thorough and reliable employment checks exposed many charities to potential harm. Many respondents also expressed concern that they were operating in a disparate silo – that the practice of vetting employees had little or no connection with other experts familiar in the field of employment screening activity.
The study comes at a time when insider fraud is a real risk to charities. Despite official guidance form the Charity Commission, employees expressed that carrying out the right background checks, discussing the challenges, and implementing best practice was difficult with no expert advice.
In response, Sterling are running a free webinar with the Charity Commission on the 6th June
, aimed at helping charities identify the risks of insider fraud and outline the best practice approach to minimise harm.
“The growth of insider fraud in the charity sector is concerning to say the least," said Steve Smith, managing director of Sterling EMEA.
“As fraudsters become more sophisticated, charities themselves also need to be armed to protect their funds, and ultimately their brand from the likes of insider fraud. In order to help equip talent acquisition managers and background screening professionals from across the charity sector with the tools to tackle insider fraud, we are hosting a webinar with the Charity Commission on Thursday 6th June. This free session will identify the risks of insider fraud and outline the best practice approach to minimise harm."
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