The Association of Certified Fraud Examiners (ACFE) estimates the

average business loses 6 percent

of its total annual revenue to losses involving employees, on average more than $9 per day per employee.

 

Securing what’s valuable. 

 

Most property insurance policies do not cover losses from crimes such as computer fraud, property destruction, employee theft and embezzlement, money order or credit fraud, counterfeit currency, or forgery. These types of gaps in coverage can lead to disastrous financial outcomes and threaten business operations.

 

Businesses that handle cash or securities should think seriously about the risks inherent in their industry and provide the relative proportion of crime coverage to protect their interests.