Employee theft is a constant threat for all businesses. Itdoesn't matter if an organization is big or small, public orprivate, all are vulnerable. Long-term employees offer noprotection either since they are actually more likely to steal froman employer. Whether it involves convoluted schemes with fakevendors and international wire transfers, the classic theft frompetty cash or forging checks, duplicitous employees will alwaysfind a way to take what isn't theirs.

The costs of employee theft are huge. The typical organizationloses 5% of its revenue to fraud each year. That's a projectedglobal loss of $3.7 trillion annually. (See the Associationof Certified Fraud Examiners' Report to the Nations onOccupational Fraud and Abuse for more details.)

Employee theft happens in all industries

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