Vendor Management 101

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Most businesses use a variety of vendors to fill skill gaps within their company,  in fact many of the vendors used are critical to your day to day operations.   Vendors include services such as computer and IT support, bookkeeping, or even a graphic designer and writer. Many are key parts of your supply chain, so it’s critical they are well chosen and well managed.

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Do your employees know how to spot CEO fraud?

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You probably received over the past few years an email claiming you’d won the Nigerian lottery or perhaps one from some unknown person who miraculously chose you to receive their fortune of millions of dollars because you are a good person. The emails typically have tons of misspellings, bad grammar, and always requested your bank account information so funds could be wired to you. Because there is such awareness, these types of emails are slowly fading away. Hackers are savvy and adapt quickly.   A new, rapidly growing and sophisticated threat is targeting businesses – THOUSANDS of companies have been affected in the U.S. losing over $5.3 billion since 2013. Analysts predict the trend will continue to grow vs. subside. Continue reading “Do your employees know how to spot CEO fraud?”