By Hart Brown, CORP, CBCP, CEH, CLCS, LPQ
Senior Vice President, Practice Leader, Organizational Resilience, HUB International Limited

Organizations lose as much as 5% of their revenue each year to fraud. For a small to mid-size business earning $50 million annually, that?s a staggering $2.5 million – an amount no business can afford to forgo.

A first step in preventing organizational fraud is screening employees and business partners. Whether you?re hiring a new employee, reviewing an employee for promotion to a greater position of trust or screening a potential new vendor or customer, the ability to conduct effective background research can reduce the risk of insider threats, fraud and improve productivity.