Ailing Mai by ailing mai https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1 Journal 4 en-us 2022-05-18 12:52:13 UTC 2022-05-18 14:13:07 UTC hello@padlet.com Group's topic area ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189442409 The growing issue of identity crime in Australia, which has resulted in significant financial losses and other impacts for Australians.
Possible Clients: A major financial institution(Commonwealth Bank)
Name: Matt Comyn
Role: CEO]]> 2022-05-18 12:57:12 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189442409 Subtopic ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189470149 How can the financial impact of identity crime on businesses be reduced?]]> 2022-05-18 13:14:16 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189470149 How does identity crime impact on Australian businesses ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189491150 2022-05-18 13:25:37 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189491150 What are the findings of institutions around the world on the impact of identity crime businesses? ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189492618 2022-05-18 13:26:28 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189492618 What solutions have been employed and how effective are they? ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189494120 2022-05-18 13:27:18 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189494120 It has the potential to have a significant economic influence on enterprises. ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189514324 According to Jorna and Smith (2018), identity theft and abuse caused the Australian corporate sector A$265 billion in economic expenses between 2015 and 2016, with direct losses of A$210 billion and indirect losses of A$596 million.]]> 2022-05-18 13:38:35 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189514324 It has the potential to affect the business. ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189514719 Businesses are subject to several dangers, and failing to recognize these scams and manage the repercussions when they occur can result in the company's demise.]]> 2022-05-18 13:38:48 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189514719 Identity theft and abuse may take many forms. ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189528225 Identity theft and abuse are becoming increasingly common in businesses, making it difficult for responsible organizations and workers to identify them one by one, potentially resulting in financial losses.]]> 2022-05-18 13:46:31 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189528225 Identity theft and misuse happen all around the world and have a big impact. ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189555756 According to the Global Cost of Fraud Report (2017), the average loss rate is 5.85%. Between 1997 and 2016, $4.39 trillion was lost globally due to identity theft and abuse.]]> 2022-05-18 14:02:43 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189555756 Create a public repository of information to highlight recognized identity crimes and abuses. ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189571445 Businesses may better defend themselves against identity theft and misuse by being informed on current approaches.]]> 2022-05-18 14:11:43 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189571445 Create a specific institution to handle the investigation of identity theft and corporate fraud. ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189572101  For example, give financial help to businesses or pass legislation to allow for the recovery of losses.]]> 2022-05-18 14:12:07 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189572101 The government should establish agencies to safeguard businesses or propose legislation. ailingmai9 https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189572679 Businesses cannot adequately defend themselves against identity theft and fraud on their own; thus government aid is required.]]> 2022-05-18 14:12:24 UTC https://padlet.com/ailingmai9/v7hnvzz68lnhmsp1/wish/2189572679