What do you think is the number one mistake many fraud examiners, investigators and other governance champions make? The number one mistake is not something you may think. As a fraud examiner, I love to overwhelm suspects with watertight evidence. For some reason, I interview suspects to the point they stop looking me straight in the eyes. It is like an art. Knowing the facts of the case at hand. Taking the statement of the suspect. Collecting evidence. And having the suspects punched in the gut by their alibi. In 2013, I was investigating a case in which a woman…

Several Twitter accounts of high-profile people and companies were hacked on Wednesday 15th July 2020, throwing Twitter in the unwanted spotlight. This was a high-level coordinated attack aimed at scheming people through cryptocurrency who have already been battered financially by the coronavirus pandemic. According to Twitter, the attack was possible though “a coordinated social engineering hack, by cybercriminals who successfully targeted Twitter staff with access to the internal systems and tools”, an official statement from Twitter read. The attack involved gaining access to the target high-profile victims, namely Barack Obama, Apple, Elon Musk and Joe Biden, Kim Kardashian West, Jeff…

Beautiful, self-motivated and full of energy, Jane Kugonza was an exceptional accountant with a sense of style. She held the latest iPhone model and had a particular liking for red stylish shoes with matching lipstick and leather bags. A certified chartered accountant, Jane was an envy of those who knew her: the boys wanted some piece of her while the ladies envied the attention she commanded. However, her beauty and false innocent look led to the collapse of a business in a Ugx. 3 billion fraud scheme. Jane worked with two assistants, Julius Okiring and Maria Atukunda in her finance…

No system is unhackable. That is the hackers’ credo. And it is accurate. There is no security system that cannot be breached. The catchphrase these days is “military-grade” encryption. The truth is, the military-grade security system is managed by human beings! It goes without saying that what one human being can do. Another can do better. The good guys, the IT professionals, and cybersecurity experts are always in the comfort of their offices. They can easily sleep off. However, the bad guys are highly motivated. So what is hacking and how do hackers do it? Hacking is a breach of…