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Inside Internal Controls

News and discussion on implementing risk management

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The new fraud: where is it coming from and what does it mean?

Businesses can be the target of fraud in numerous ways and from numerous sources. Anyone who does business with an organization is an obvious risk—suppliers, clients, employees, executives—the high profile fraud cases of recent years have mainly been internal. But increasingly, fraudsters have no connection to the organizations they target. They may be after credit card numbers, personal information, cash or goods, and they’re using methods beyond the understanding of the average businessperson. Organizations that do a significant amount of business online must be particularly careful.


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The holiday party – Beware of the embarrassing photograph!

When it comes to holiday parties, it is not unusual for people to let their guard down. Before you know it, there is a video or photograph on YouTube or the social networks of someone at a party dressed in a reindeer costume, mooning the camera, while trying to juggle a shot glass of tequila on their red nose.


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The Facebook bullying case Part 3 – Too late for Amanda Todd but not too late for us


A recent decision of the Supreme Court of Canada has sent a message to all victims of cyberbullying– the Canadian courts can help you!


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Social media and the effect it can have on business and careers (as it relates to the 2012 London Olympics)

The London 2012 Summer Olympics have (un)officially been dubbed the first social media Olympics ever. There were more tweets sent during the London 2012 opening ceremony than the entirety of the 2008 Beijing Olympics. From slip ups to successes, the London 2012 games have been well documented and discussed on social media sites across the globe. Athletes, journalists, fans, even major broadcast networks did some damage on the web during the London games. Was Cicero right – is every mistake a foolish one? Or can we learn a thing or two from the worst social media fails of the 2012 Summer games?


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Hiring controls: a close look at managing the risks of hiring

Human capital is a firm’s most important and profitable asset. Recall Swiss banking giant UBS’ rogue trading disaster in 2011, during which the bank reported a $2.3-billion loss as a result of one man’s unauthorized trading. UBS’ chief executive officer resigned as a result, and the bank also lost two high-ranking executives who took indirect responsibility for the incident…


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Year-end round-up

Like most of you, I’m sure, I was extra busy before Christmas last year, and to top it all off, I got sick and had to leave some things unfinished. So I couldn’t bring you this brief round-up of things that happened in the last three months of 2011, much of which has to do with technology and how employers will use it to interact with employees and customers. But it’s a new year and I’ve recovered from my illness and my holidays, so without further ado…


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Can customers be encouraged to read privacy policies?

When was the last time you read a privacy policy? I use dozens of online services—email, social networking, data storage, banking, photos, shopping, etc.—and I’ve only skimmed a couple. What does this mean for the companies that offer these services? Can they reasonably say that they have informed their users of the content of their policies, if most users simply click “Okay” without bothering to read the things?


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Anonymous blogger – reveal thyself!

In a recent decision from the Ontario courts, a judge has ordered an anonymous blogger to reveal his or her identity to the plaintiff, so the plaintiff can sue them for defamation. There is only one catch: how does one go about enforcing such order?


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Need to know: privacy commissioner’s report on pressing online privacy issues

In 2010, the Office of the Privacy Commissioner of Canada conducted consultations on current privacy issues, including online tracking, profiling, targeting and cloud computing. The office released its report on the consultations earlier this year, and it’s available online.


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Angry bloggers beware! – Your anonymity is not guaranteed… unless you defame a politician

One year ago, I wrote about the Canadian courts’ trend of ordering Internet service providers or website operators to reveal the identity of anonymous bloggers, when it is alleged that the bloggers had defamed the plaintiff. A recent decision by the Ontario Superior Court of Justice, suggests that, when the plaintiff is a politician, the bloggers may continue to remain anonymous.


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beansTalk – a social network for bean counters

If you think Facebook is too personal and LinkedIn too general, maybe beansTalk is the social network for you—if you’re an accounting professional, that is.


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The Facebook bullying case – some tough issues to ponder

In a case that has gained significant media attention, the Nova Scotia Court of Appeal has held that the name of a 15-year-old girl, who was allegedly defamed and bullied online, should be revealed to the public.


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Securing your web

How often do you think about malware? Do you consider it a threat to your operations? Do you have a strategy to prevent malware attacks and deal with them if they do occur? Is your strategy up to date?


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