Why Resolutions Fail with Dr. Leslie Becker-Phelps
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We often put off changes and schedule them to start on January 1st. Many of these idealistic resolutions fail shortly after beginning, so it is important to be thoughtful when planning so that you can set yourself up for success. Today’s guest is Dr. Leslie Becker-Phelps. Leslie is a noted psychologist who authored a number of books, including Insecure in Love, The Insecure in Love Workbook, and Bouncing Back from Rejection. She writes the Authentically You Blog and the Psychology Today Making Change Blog. Additionally, she is a national speaker and hosts a YouTube channel. Show Notes: ...
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Erasing Your Digital Footprint with Jeff Jockisch
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Data is continuously being collected and this information can lead to misleading conclusions about an individual. Without proper context, behavior can be misinterpreted. This underscores the need for data privacy laws and stronger protections against data brokers. Today’s guest is Jeff Jockisch. Jeff is a passionate data privacy researcher dedicated to exploring the evolution of technology, our search behaviors, trust dynamics, and safeguarding of our information. As Managing Partner at ObscureIQ, he specializes in advanced data removal and privacy risk mitigation for enterprises and...
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Executive Recruiter Scams with John Sidoti
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When a recruiter contacts you, it’s essential to do your homework, verify their sources, and trust your instincts. If something seems too good to be true, it probably is. While it can be frustrating to be this skeptical, being cautious can protect you and your finances. Today’s guest is John Sidoti. John is the Senior Director of Information Technology at Social Current. He has over 30 years of experience as an IT generalist with wide and varied experience across all aspects of the IT spectrum. Show Notes: [0:50] - John shares his background and discusses his extensive and varied...
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Human Hacking with Peter Warmka
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Today’s threat actors and social engineers leverage social media to observe individuals’ patterns and habits. They encounter you at a coffee shop or another familiar spot. They begin to establish trust, which makes you more susceptible to their tactics. Today’s guest is Peter Warmka. Peter is a retired CIA officer with over two decades of breaching the security of organizations overseas in pursuit of intelligence. He is the founder of The Counterintelligence Institute, author of two books, conference speaker, consultant, and educator on the dangers of human hacking. Show Notes: ...
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Digital Deception: What Lies Ahead with Perry Carpenter
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Creating habits of healthy skepticism when receiving texts or emails can prevent you from clicking on phishing links. Everybody is vulnerable online, especially when distracted or in a hurry. But cultivating critical thinking and self-awareness can enhance protection against manipulation. Today’s guest is Perry Carpenter. Perry is an award-winning author, podcaster, and speaker with over two decades in cybersecurity, focusing on how cyber criminals exploit human behavior. As the Chief Human Risk Management Strategist at KnowBe4, Perry helps build robust, human-centric defenses against social...
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Rethinking Online Anonymity with Lance Cottrell
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In a world of cybersecurity and online privacy, anonymity seems to be the key. VPNs are often promoted as the cure-all to our internet needs. Let’s talk about some of those misconceptions. Today’s guest is Lance Cottrell. Lance founded Anonymizer in 1995 and is an internationally recognized expert in cryptography, online privacy, and internet security. He is the principal author on multiple internet privacy and security technology patents. Lance stayed on as Chief Scientist as Anonymizer was acquired by Intrepid, and now advises start-ups through his platform. Show Notes: [1:09] - Lance...
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AI: Double-Edged Sword for Cybersecurity with Vincent LaRocca
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Cybersecurity is more crucial than ever. It’s essential that we proactively safeguard our data and recognize that no one is immune to attacks. We are all vulnerable. As malicious actors continually enhance their tactics, we must stay one step ahead by consistently improving our defenses. Today’s guest is Vincent LaRocca. Vincent is the CEO of CyberSecOp with the commitment to protecting sensitive data and mitigating cyber threats. With over two decades of experience, Vincent has successfully steered CyberSecOp to become one of the world’s fastest growing managed security providers,...
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Understanding and Avoiding Triangulation Fraud with Soups Ranjan
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As consumers, we may realize the need to be vigilant by using two-factor authentication and password managers, but there are so many scams out there that can impersonate legitimate organizations, websites, and people. We really can’t let our guard down. Today’s guest is Soups Ranjan. Soups has over 18 years of experience in software engineering, data science, and risk management. He is the co-founder and CEO of Sardine. This behavior-infused platform offers fraud prevention, compliance, and payment solutions for various industries including banking, online marketplaces, FinTech, crypto,...
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Finding Small Business Fraud with James Ratley
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There are a shocking amount of businesses that ultimately fail because of fraud. Many managers and business owners are unaware of their losses because they do not have the systems in place to look for fraud and it may not be their primary concern. Today’s guest is James Ratley. Jim graduated from the University of Texas at Dallas with a bachelor’s degree in Business Administration. In 1971, he joined the Dallas Police Department as a police officer. He was on numerous task forces with a concentration on major fraud cases. He joined a major forensic accounting practice and was in charge of...
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Truth and Lies with Mark Bowden
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Now that so much of our communications are digital, such as texts, emails, and chats, we miss out on the tone and facial expressions to help us understand the intent and content in communication. It’s important to know ourselves well enough to know what areas we’ll be more easily influenced and are susceptible to being deceived. The greater our desire for something to be true, the easier it is for us to be scammed. Today’s guest is Mark Bowden. Mark is a world-renowned body language expert, keynote speaker, and best-selling author. He is the founder of the communication training company,...
info_outlineThere are a shocking amount of businesses that ultimately fail because of fraud. Many managers and business owners are unaware of their losses because they do not have the systems in place to look for fraud and it may not be their primary concern.
Today’s guest is James Ratley. Jim graduated from the University of Texas at Dallas with a bachelor’s degree in Business Administration. In 1971, he joined the Dallas Police Department as a police officer. He was on numerous task forces with a concentration on major fraud cases. He joined a major forensic accounting practice and was in charge of fraud investigations.
In 1988, he was named the Program Director of The Association of Certified Fraud Examiners and in 2006, became the President. In 2011, he became the CEO and he retired in 2018 after 30 years there. James has been an adjunct professor, published author, and named by Accounting Today as one of the top influencers multiple times.
Show Notes:
- [1:14] - James shares his background and the way his career panned out over 30 years.
- [3:35] - When the ACFE was established, there was no information or education around it at all.
- [5:09] - The average organization loses 5% of their revenue to fraud. Out of every ten people hired, statistically, six of them will steal from you.
- [6:46] - Fraud can be prevented and strategies to reduce fraud are typically inexpensive.
- [8:40] - It’s important for business owners not to be afraid to call it fraud.
- [10:25] - Fraud perpetrators believe they deserve what they’ve taken.
- [13:26] - It’s important for businesses to have strong management and leadership. Training is crucial.
- [14:18] - James discusses the most common types of fraud and how even the seemingly minor things could be detrimental.
- [18:24] - Fraud perpetrators are really good at hiding what they are doing and making the business owners believe it could never be them.
- [20:15] - Another strategy is to separate tasks out and be strict about them.
- [21:37] - Surprise cash counts is another good strategy.
- [23:13] - There are no small frauds, only frauds that have not had time to reach maturity.
- [25:44] - You impact rationalization through education.
- [29:16] - James lists some of the red flags that could indicate something more going on.
- [31:31] - There should be policies and regulations that purchasing officers are held to.
- [36:30] - Auditors must be completely independent.
- [40:10] - Some business owners will deny the problem is happening because it is hard to deal with and accept that someone they trust could be stealing.
- [44:35] - Many small organizations go out of business due to operating at a loss. Most of the time this is because of fraud.
- [47:25] - Never judge someone by the standards you have for yourself.
- [51:12] - Something to remember is that most fraudsters will steal in even numbers.
- [53:11] - In most cases that James has worked, the manager had seen all the signs, but never thought anything about it.
Thanks for joining us on Easy Prey. Be sure to subscribe to our podcast on iTunes and leave a nice review.