Corporate

An up to $5 million offer will be rewarded to whistleblowers for Ontario?s securities regulator newly launched whistleblower program. The program?s aim is to lead to the prosecution of fraudsters, fraud being one of the biggest reasons for business losses of billions of dollars a year. With this in the works, is it time for the mortgage industry to launch a whistleblower program as well?

A few weeks ago, what was dubbed as Sudbury?s largest fraud trial came to a close with the guilty verdict handed out to fraudsters Dirk Plate and Paul Caron. The duo helped defraud about $24million from Atlas Copco Canada.

A new report by KPMG report shared data that could be alarming for some people. The report shared that only half of the global insurers who participated in the poll believe that they can extract and sustain value from business transformation initiatives.

A Mississauga company found to have mocked, humiliated and launched a ?campaign of abuse? designed to force a deaf employee?s resignation has been ordered by Ontario?s top court to pay her $266,000.

In running a business, there will come a time when you just feel that something isn?t quite right, that some aspects of the organization just don?t make sense, or that an employee is behaving in a suspicious manner.

How often have you met someone who might be able to help your business but you were just not sure if doing business with that person would be a smart move? How can you propose to do business with someone who you don?t really know anything about, right?

There are so many ifs and buts in business. Wouldn?t it be great to be able to make decisions knowing that whoever you are dealing with is trustworthy?

How would you feel if you find out that your most loyal employees could be responsible for information security breaches in your company? What will you think if we tell you that even you could be leaking your business?s secrets without you intending to do so?

Organized crime has taken over the internet in recent years. Any web-based account that deals with finances, gaming, retail and other consumer-facing services are under threat of attack from bot armies that are used by unscrupulous individuals.

Background checks come in various forms and for different reasons. Ideally, background checks are done for new hires but it can also be performed for individuals who arouse your suspicion for any number of reasons.

As an employer, it is your duty to provide a safe and comfortable working environment for your employees ? that?s something that you can only do when you?re aware of incidents and promptly act on them.