Are You Insider Fraud-Savvy? Take the Test!

Insider fraud can strike when you least expect it, causing significant harm to businesses and individuals alike. But how well do you really understand the risks? Are you a fraud-fighting pro or in need of a refresher? Take our quick quiz to test your knowledge – let’s see if you’ve got what it takes to outsmart insider fraud!

Questions

1. According to Cifas, in 2023 the most dominant case type reported to their Insider Threat Database was dishonest action to obtain benefit by theft or deception. Of those reported, what percentage had been in their position for less than a year?
a) 38%
b) 21%
c) 12%

2.Which of these might be a motivation for an employee to commit fraud?  You may choose more than one.
a) Financial pressures such as cost of living
b) Manipulation by organised criminal gangs
c) Resentment against the company

3. Of those reported to Cifas for bribery, 80% had been in employment for how many years?
a) Less than a year
b) 5-19 years
c) 10+ years

4. Which of these is a red flag of a possible insider fraudster?  You may choose more than one.
a) Someone who refuses to take leave
b) Bullying colleagues
c) Living a lifestyle above their means

5. Does your organisation have an internal fraud policy?
a) Yes, and I know how to access it
b) No
c) Not sure, or don’t know where to find it

6. Which of these might be an indicator of internal fraud?  You may choose more than one.
a) Repeated complaints about a senior executive
b) Frequent cases of reported missing documents relating to critical departments
c) Duplicate payments to the same organisation

7. Does your HR department conduct background checks on employees with respect to promotions or transfers into higher positions of responsibility?
a) Yes
b)No
c) Don’t know

8. Other than fraud losses, what damage might internal fraud cause your organisation?
a) Damage to reputation and brand
b) Erosion of trust by other employees
c) Share prices affected

9. Does your organisation have a whistle blowing policy?
a) Yes, this is clearly signposted to all employees
b) No
c) Yes, but difficult to find out about it

10. Which of these statements best describes your organisation?
a) We don’t have an internal fraud problem
b) We have measures in place to detect and prevent internal fraud
c) We have measures in place and test processes and procedures on a regular basis

Answers

What Your Scores mean

20 – 30 points: Well done, sounds like you are on top of things! But fraudsters never rest, so it doesn’t do to get complacent.  Have a chat with the AJC fraud team to see if they can help advise you on the latest trends

10 – 19 points: Not too bad, but you could probably do with an AJC fraud health check to see how you can improve your score

Below 10 points: Oh dear!  Never mind, the AJC fraud team are on hand to advise.  Contact us to see how we can help.

For more information about an AJC fraud health check or for assistance, please contact us at 020 7101 4861.

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