The CFO had lied about his experience and credential in the resume. He had listed three business references — one was dead; one did not exist; and when the last reference was called, he said, “Are you kidding me, I wouldn’t hire that guy for anything” About 5 percent of an organization’s revenue is lost annually to organizational fraud, mostly by employee theft. The risks to an organization caused by a bad hire in information security is huge, says Ernst & Young’s Jose Granado.”]
Source: https://www.cuinfosecurity.com/how-to-avoid-hiring-fraudsters-a-2634