Definition of Whistleblowing
A whistleblower is a person, who may be an employee of the company or a government agency, who discloses any illegal activity or fraud done by the company to the higher authorities. A whistleblower can file a case or lawsuit to initiate legal actions against the company. There are many laws written which protect the whistleblower. Companies also specify the rules to report such an incident with confidentiality.
Whistleblowers are of 2 types – internal & external. Internal whistleblowers are those who reported any illegal or fraudulent activity to the senior management of the company such as the CEO or Head of Human Resource. Whereas, external whistleblower shares the information directly to outside people such as media, govt agencies, or police.