These types of Facebook posts could point to an employee being a fraud risk

[BusinessTech]

These types of Facebook posts could point to an employee being a fraud risk

Incidents of fraud are on the rise in South Africa, with statistics by the South African Fraud Prevention Service indicating that new fraud listings had increased by 56% in 2017.

 

[ToxicBunny]

What type of Facebook posts? The article doesn't mention any at all

 

[w1z4rd]

These types of Facebook posts could point to an employee being a fraud risk

Incidents of fraud are on the rise in South Africa, with statistics by the South African Fraud Prevention Service indicating that new fraud listings had increased by 56% in 2017.

At TB said, theres no examples of posts... just an article on fraud increase.

 

[Willie Trombone]

What type of Facebook posts? The article doesn't mention any at all

At TB said, theres no examples of posts... just an article on fraud increase.

TL;DR
What Mazars are saying is use social media to keep a beady eye on your employees and think about whether they're ripe for fraud or possibly committing it already...

“For this, it helps and where permitted to keep an eye on the social media activities of employees that may pose a potential fraud risk within the business.
“It also warrants further investigation if you see that certain employees are living beyond their means, individuals saddled with bad debt, or employees who show signs of substance or gambling addictions.”

 

[ArtyLoop]

The problem with this is, its not an exact science. It is also an invasion of privacy

 

[w1z4rd]

TL;DR
What Mazars are saying is use social media to keep a beady eye on your employees and think about whether they're ripe for fraud or possibly committing it already...

You kinda need to do that with everyone these days

Its pretty easy to pick up most infections from their social media profiles though, so what this guy says makes sense. They have easy to identify patterns that they use steganographic communications with command & control systems.

If someone is sharing lots of weigh less stuff, make up stuff and that charcoal that "cleans" your teeth. Those are good tells. I know it sounds silly, but the amount of encrypted communication that happens in nail color polish is jaw dropping.

 

[Willie Trombone]

You kinda need to do that with everyone these days

Its pretty easy to pick up most infections from their social media profiles though, so what this guy says makes sense. They have easy to identify patterns that they use steganographic communications with command & control systems.

I think people are ignorant if they think their online presence isn't used to profile them.

 

[Willie Trombone]

The problem with this is, its not an exact science. It is also an invasion of privacy

Certainly isn't an exact science, but exact science is not used when looking for red flags. I can't see how it's an invasion of privacy though when you're viewing public information. They're not advocating monitoring your home computer use.

 

[w1z4rd]

I think people are ignorant if they think their online presence isn't used to profile them.

Big time. Not just that. Their phones, those apps. Criminals are fully organized now to exploit these social systems. Everything from fully supported work histories, qualifications, etc. Not only that, because of your Facebook profile, they know your fears, hopes and dreams. These are fully utilized against you.