Occupational fraud remains a significant global challenge, inflicting substantial financial and operational harm on organizations. According to the 2024 Occupational Fraud Report to the Nations, organizations lose approximately 5% of their annual revenue to fraud—amounting to over $5 trillion worldwide. The report analyzed 1,921 cases from 138 countries, revealing an average financial impact of $1.7 million per case and underscoring the critical need for effective measures to address insider threats. Published by the Association of Certified Fraud Examiners (ACFE), this comprehensive report highlights staggering losses exceeding $31.1 billion across 22 industry sectors.

Despite their lower numbers among fraud perpetrators, executives and business owners cause seven times higher average losses than ordinary employees, among the report's notable findings. In addition, fraud schemes involving collusion result in four times higher average losses than schemes carried out by individual perpetrators, increasing the destructiveness of such actions. 84% of fraudsters exhibit signs of behavioural risk, such as leading a lifestyle beyond their means or having unusually close relationships with suppliers. These findings highlight the importance of effective monitoring of employee behaviour. Whilst 43 per cent of cases are uncovered through whistleblowing, proactive controls such as hotlines and spot checks also make a significant contribution to fraud detection. Worryingly, however, more than half of cases are exacerbated by weak internal control systems. This clearly demonstrates the need for organisations to implement robust and effective fraud prevention strategies as soon as possible.

As fraudsters refine their tactics, businesses must adopt comprehensive solutions to safeguard their assets. This is where Zecurion stands out, offering a unique combination of Data Loss Prevention (DLP) and Data Centric Audit and Protection (DCAP) technologies, providing both data-centric and human-centric approaches to cyber security. As one of the leading providers of Next Generation DLP solutions, Zecurion's ecosystem provides an effective framework for early prevention, hybrid policy implementation and deeper investigations. Unified reports and alerts reduce false positives and provide detailed insights into data activity, enabling security teams to respond quickly and effectively.

Zecurion’s DLP Discovery Module detects and classifies sensitive data using advanced technologies, ensuring compliance with storage policies. Violations trigger immediate actions like notifications, transfers, or deletions to protect endpoints. The DCAP solution tracks data history from creation to movement, aiding early incident detection and forensic investigations.

By monitoring data flow across 100+ services, Zecurion minimizes risks of unauthorized access and leaks. The Investigation Module simplifies workflows with a 360° view of tasks, reducing the cybersecurity team’s workload. Features like the Screen Photo Detector, which blocks screen photography in 0.06 seconds, highlight Zecurion’s innovative approach to insider threat prevention. Integrating DLP with DCAP, Zecurion delivers unmatched capabilities, including 150+ reports on file usage, anomalies, and infrastructure status. Together, the modules provide comprehensive insights into file and event activity across environments, enabling proactive threat detection with advanced anomaly detection and behavioral analytics.

“Zecurion's holistic ecosystem provides unparalleled protection by combining data visibility with user behaviour analytics. The modular architecture allows organisations to customise their cybersecurity framework by addressing unique challenges and priorities. Zecurion's solutions are tailored to meet modern cybersecurity demands, from managing remote workforces to detecting shadow copies.”

says Alexey Raevsky, CEO and Co-founder at Zecurion.

In an era where insider threats are becoming increasingly sophisticated, it is a necessity for businesses to adopt advanced technologies such as Zecurion's DLP + DCAP ecosystem. Focusing on data lifecycle management, employee behaviour monitoring and innovative detection mechanisms, Zecurion provides comprehensive protection against insider threats, enabling businesses to protect their most valuable assets.