Each year, taxpayers invest $603.7 billion for public education with venture capitalists contributing almost $2.0 billion forecasting significant investment gains. These funds enable more than 100,000 schools and 7,200 colleges to educate 75.2 million students and employ 4.6 million teachers and faculty.
The threat of fraud increases with the perception of easy money flowing into and out of education treasuries. According to the Association of Certified Fraud Examiners; this sector is situated in the top five of industries for reported fraud cases. Compared to other industries, this sector has experienced the highest growth rate. Even data crime is on the rise as US educational institutions spend almost $12 billion on data-related technology. The promise of targeted interventions and greater efficiencies threaten to expose our school-aged children and young adults to lifelong identity theft. In 2015, more than 1.3 million identities were exposed in the education sector alone.
What are the environmental conditions existing in this sector that expose our educational institutions to increased incidents of white collar crime? Please join the author as she explores the factors that entice insiders and outsiders to conspire together or act individually to target schools for criminal activities.
The threat of fraud increases with the perception of easy money flowing into and out of education treasuries. According to the Association of Certified Fraud Examiners; this sector is situated in the top five of industries for reported fraud cases. Compared to other industries, this sector has experienced the highest growth rate. Even data crime is on the rise as US educational institutions spend almost $12 billion on data-related technology. The promise of targeted interventions and greater efficiencies threaten to expose our school-aged children and young adults to lifelong identity theft. In 2015, more than 1.3 million identities were exposed in the education sector alone.
What are the environmental conditions existing in this sector that expose our educational institutions to increased incidents of white collar crime? Please join the author as she explores the factors that entice insiders and outsiders to conspire together or act individually to target schools for criminal activities.
