Trust and morals are a core element of any type of relationship—business or friendship. And no one hires, at least knowingly, a dishonest employee. Sometimes people change, however. Employees can become dishonest, albeit only a minority of them do. Employees can rationalize their theft in many ways: ‘the company won’t miss it,’ ‘they’re not paying me enough,’ or the person succumbs to a gambling or some other addiction.
Unfortunately businesses do go bankrupt because their employees’ steal large amounts of money, or smaller amounts over a period of years, or in some other way commit computer fraud or some other type of fraud. This has an impact not only on your business but also on your other employees and those who count on your services or products.
To learn more about commercial crime insurance and how to protect your business, visit us at www.BFBond.com. We’ll work with you to:
- Assess the risk potential for external or internal criminal actions
- Determine the precise insurance coverage you need for your business
- Click here to learn more about Crime/Fidelity Bonds