Business investigation that can save your company cyber security

A business investigation or corporate investigation is a detailed investigation of any business or organization. The investigation is primarily carried out for detecting the transgression that might be committed by the employees, management, or any third party. With the help of the corporate investigation, any business can avert any uncertain happening and reduce the chances of loss if any fraud takes place as it involves both countermeasure and preventive actions.

1. Business Investigation That Can Save
Your Company-Cyber Security

Is your company experiencing attenuation inventory? Or is there any kind of irregularity in
your financial statements that appear regularly? In such circumstances, your company truly
needs a business investigation. But what does it actually stand for? Today, through this
piece of information let’s learn about what it stands for and what are the different types
that can help save a company from future losses.

Synovatic Cyber Solutions

What is a business investigation?
A business investigation or corporate investigation is a detailed investigation of any
business or organization. The investigation is primarily carried out for detecting the
transgression that might be committed by the employees, management, or any third party.
With the help of the corporate investigation, any business can avert any uncertain
happening and reduce the chances of loss if any fraud takes place as it involves both
countermeasure and preventive actions.

Types of Business Investigation:
There are various types of business investigations services the companies can look for as per
their requirements. Again, companies can also ask for one or more types of investigation
services from Synovatic at a time. Here are the types of business investigations services.

2.  Employee Background Check
Just search on Google and you will come across several incidents where the
companies have faced severe financial loss due to misbehavior and fraud activities
conducted by any employee of the company. And this can be prevented by
undertaking the employee background check investigation. A little similar to
corporate due diligence, in this type of investigation the employee or candidate’s
information is verified. Every detail mentioned in their resume is cross-checked like
their contact details, education details, litigation and criminal check, and credit
check. The main purpose of this kind of investigation carried out by Synovatic is to
hire the right, genuine, and loyal candidates.



 Due Diligence
Corporate due diligence is an investigation carried out by a company to check the
background of the business or individual before initiating a business relationship
legally. Nearly every business is connected with another business or stakeholders
and to reduce the possibility of any possible risk from taking place, the businesses
widely carry out this kind of investigation. Corporate due diligence investigation
thoroughly checks the background of the individual or company prior to signing any
legal contract, evaluating company targets, evaluating assets of the company for
acquisition, or appointing any vendor. This kind of investigation would reveal any
kind of hidden liability or potential risk that would save the company from any
financial loss and save the reputation of the company in the market.

 Fraud Investigation
This type of investigation is basically carried out when any kind of fraudulent activity
has already occurred in the company. This type of investigation includes various
steps that help in protecting the business, finding any evidence, and reducing any
kind of disruption. Again, there are various types of fraud that take place in the

3. company like financial misconduct, embezzlement, misuse of the property of the
company, intellectual property infringement, data breach for corruption, and
counterfeit products. When any such incident takes place, the company needs to
seriously investigate such incidents no matter whether the fraud is detrimental or
large scale.

Apart from all these major investigation types, others in the list include corruption
investigation, electronic or e-discovery investigation, financial investigation, research
investigation, and undercover investigation. All these types from Synovatic cover
investigations like theft, employee misconduct, money laundering, embezzlement, illegal
foreign exchange, bribery, corporate fraud, industrial espionage, and other white-collar
crimes. Again, insurance fraud is also a type of investigation which is also termed worker’s
compensation fraud.

Winding up the content, the method carried out for any kind of business investigation
would depend on the type of investigation you are looking as well as the individual
investigator. The candidates need to be specific about their requirements and the
information they want their investigator to obtain. Some techniques used by the
investigators for having the right culprit include financial investigation, integrity test,
surveillance, computer forensics, security penetration checks, and much more.

Hence, if your company is facing any kind of uncertain illegal actions like financial
inconsistency, employee dishonesty, or if the legitimacy of any company or investigator you
are going to deal with in future is doubtful, you can surely look for preventive measures
against such incidents in advance through business or corporate investigation.