Many small businesses and larger organizations are facing the unnecessary high cost of operations because people have misappropriated the use of company's resources. While most companies consider their employees to be assets many often see them as liabilities. Larger organizations typically can afford internal control checks and balances needed to deter many of the more significant fraud and embezzlement schemes (IRS 2001). Small business often must trust individuals, however are more often subject to employee theft. This theft can go unseen and have a drastic effect on any business. Unfortunately, those organizations that can least afford internal controls, can also, least afford fraud ...view middle of the document...
Source: SexTracker.com- Higher-paid employees are more likely than lower-paid workers to surf the Web looking for a new job. Source: GreenfieldOnline.comhttp://www.cdadc.org/itwp/ctf.htmlRecently I experienced this problem. As a small business with 10 employees, my office suffered a virus on our network. The computer virus came in via an employee surfing the internet. The virus shut our internal computer server down for two days. Although I had control techniques in place to prevent this problem, it happened. The cost to my company was in excess of $ 3,000.00 dollars in software and computer consulting time to fix the problem. During this time, I lost approximately 60 man hours of productivity.Looking further the problem, a search showed every computer had been used to surf the internet during work hours. Surfed sites included but were not limited to shopping on QVC to HSN, looking up sports scores on Yahoo, and even risqué sites like dating sites. Needless to say, I was blindsided to this type of activity in the office. I knew it existed, however did not k...
