FRAUD PREVENTION MUST BE DEMONSTRATED AS WELL AS OPERATED TO DETER SWINDLES
June 22nd, 2024
Companies and public sector organisations could sharpen their fraud prevention efforts, according to the Association of Certified Fraud Examiners (ACFE), making sure that red flags raised by background checks on potential employees are acted upon, if these assessments are made at all.
In the ACFE’s latest biennial 2024 ‘Report to the Nations’ global anti-fraud survey, the association found that only 57% of organisations falling victim to insider fraud had run background checks on the perpetrators before hiring them. And in 16% of cases, employers learned ...
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