FINANCIAL SECTOR SHOULD SHARPEN ITS ANTI-FRAUD EFFORTS, ACFE GLOBAL CONFERENCE TOLD
July 10th, 2024
Financial businesses could do much more to protect against internal and external fraud risks, the latest Association of Certified Fraud Examiners (ACFE) annual global anti-fraud conference, from June 23-6, in Las Vegas, USA, has been told. Keith Nuthall reports.
In the ACFE’s latest biennial 2024 ‘Report to the Nations’ global anti-fraud survey, the association found that with financial services suffering a median loss of USD120,000 to occupational fraud, only 57% of all organisations had run background checks on the perpetrators before hiring them. And in ...
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