Beating the internet fraudsters – what it means for pharma

In an expert view piece, Alphus Hinds, manager, cyber risk, security and compliance at Tungsten Network, looks at the challenges the pharmaceutical industry faces from invoice fraud.

November 13 marks the start of International Fraud Awareness Week. Organized by the Association of Certified Fraud Examiners, it aims to educate businesses about the impact of fraud and encourage communities to come together in a global effort to fight it. While the week might have passed you by until now, there has never been a more important time to consider whether your business is fraud-proof.

Increasingly, companies are falling foul to internet fraudsters. Over the last couple of months, the headlines have featured huge corporations such as Apple and Netflix, as they have become the latest cybercrime victims.