The financial services industry faces the greatest threat of employee theft, with 17 percent of embezzlement cases occurring at these organizations with less than 500 employees.

In addition, the professional services industry has the highest median loss, with $615,101 stolen by employees, according to insurer Hiscox's "2016 Embezzlement Study: A Report on White Collar Crime in America."

If you think this only occurs at large organizations — think again. Hiscox's report says that small businesses with less than 150 employees were 10 times more likely to be victimized by fraud than those with 250-500 employees.

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