HR:ER

Is Losing £50K of Company Money to a Scam Gross Negligence?

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Episode notes

Has your business fallen victim to a phishing scam? Is it gross negligence when an employee loses company money?

In our next HR crisis story, a senior Finance Director lost £50k of company funds to an obvious scam. This error led to the company's collapse; a simple check of the email address would have revealed it was a fraudulent email.

In this episode of the HR:ER podcast, we discuss

Which scams are getting more prevalent?
What is gross negligence in the context of company cyber fraud?
Legal responsibilities of HR in cases of financial loss
Are there any risk management strategies HR can put in place?

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