Supply chain fraud comes in a variety of flavors
💀 Supply chain fraudsters are growing bolder by the day, but the leaders in the industry are working hard to counteract them.
The most commonplace occurrence of supply chain fraud is usually organized cargo theft - when cargo is physically removed from a location it is supposed to be. Another growing kind of fraud is via technology, via the manipulation of GPS inside the cab, or targeting companies with phishing scams. These types of crimes can also escalate to forms of blackmail, money laundering, and forged checks. Companies can enhance security by keeping up-to-date with fraud trends and tightening any area of their operations that may lend a pathway to a fraudster taking advantage of the company’s vulnerabilities.
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