Whistleblowers FlagsEthics

2016 ACFE Report to the Nations Global Study

According to the 2016 ACFE Report to the Nations on Occupational Fraud and Abuse: Victim organisations that lacked anti-fraud controls, like a Whistleblowing Hotline suffered greater losses – in fact twice as MUCH!!! A typical organisation loses 5% of annual revenues to occupational fraud. Source of Tips As tips are the most common detection method,…

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Economic Crime: A South African Pandemic

Economic crime remains a serious challenge to business leaders, government officials and private individuals in South Africa according to The PwC Global Economic Crime Survey 2016. In this survey it was found that the trend has remained unchanged from 2014, with 69% of South African respondents indicating that they had experienced some form of it…

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EthicsSA Certification of Whistle Blowers!

We are proud to announce that, for the sixth consecutive year, Whistle Blowers (Pty) Ltd received EthicsSA certification by the Ethics Institute of South Africa! We are continuously working on strengthening our systems and procedures, ensuring quality reports, ongoing communication and a professional service. EthicsSA has certified Whistle Blowers (Pty) Ltd as meeting the External…

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fraudstersEthics

56% of fraudsters are on the inside!

As we reach the end of International Fraud Awareness Week 2015, it is important that we continue to promote anti-fraud awareness and education against fraudsters. Whistle Blowers will continue to play it’s part by providing a specialised service that promotes good corporate practice, ethics and honest in organisations across the globe. Organisations are fast realising…

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Whistle BlowersEthics

5 Fraud Tips Every Business Leader Should Act On

Organisations around the world lose an estimated 5% of their annual revenue to fraud, according to the ACFE’s 2014 Report to the Nations on Occupational Fraud and Abuse. The good news? There are some basic fraud tips and steps your organisation can take immediately to lessen your vulnerability to fraud: Be Proactive Adopt a Code…

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Whistle BlowersEthics

International Fraud Awareness Week 2015

International Fraud Awareness Week kicks off Nov. 15, 2015 worldwide Whistle Blowers (Pty) Ltd Joins Movement to Shine a Spotlight on Fraud Fraud costs organisations worldwide an estimated 5% of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE). If applied to the 2014 estimated Gross World Product,…

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Whistle BlowersEthics

Annual Corruption Survey Results

A global risk consultancy, Control Risk, recently released the annual corruption survey results which makes for interesting reading. George Nicholls, senior managing director of Control Risks Southern Africa, “Too many businesses are losing out on good opportunities to corrupt competitors, or choosing not to take a risk on an investment or entering a new market…

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Whistle BlowersEthics

UK Banks Appoint Whistleblower Managers

Whistleblowers have increasingly been under the spotlight. This is due to the fact that a number of high-profile company and industry investigations have been trigged by whistleblowers that have come forward with evidence of illegal conduct. The UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have published a set of rules in an…

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Whistle BlowersEthics

Celebrating 15 Years!

Whistle Blowers is celebrating 15 years. Over the past 15 years we have continuously strived to be leaders in our field and have succeeded in being the leading independent whistleblowing service provider in South Africa. We now service clients in over 22 countries, proudly fostering long-term relationships with our clients and continually strive towards service…

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Whistle BlowersEthics

Small businesses are at a greater risk

Recently, at the Procurement Indaba held in Durban, Lindiwe Zulu, Small Business Development Minister, spoke of how small businesses are being stifled by procurement corruption.

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Whistle BlowersEthics

2015 Anti-bribery & Corruption Survey Results

“Having an effective anti-corruption programme is more important for companies today than ever before.” – says Africa’s largest law firm, ENSAfrica. ENSAfrica recently released their 2015 anti-bribery and corruption results. 88 organisations across Africa participated in the survey.

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Whistle BlowersEthics

Fraud costs retailers billions!

Shoplifting, administrative errors and employee or supplier fraud costs retailers billions every year. According to a survey by the National Trade Federation (NRF), shoplifting accounted for the largest portion of the loss at 38%, followed by employee theft at 34.5%, administrative and paperwork theft at 16.5%, vendor fraud or error at 6.8% and unknown loss…

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