The results are in: fifty-six percent of surveyed treasury professionals said their company had experienced payment fraud attempts in the last year¹. With threats on the rise, it’s critical for treasuries to stay on top of potential weaknesses and implement controls to mitigate risks.
The 2016 Global Treasury Fraud & Controls Report included over 300 organizations and identified various control practices, measured fraud lev-els, calibrated security activities, and captured the level of investment that organizations are making to become more secure.
Key insights form the report include:
- Fraud Experiences. Comprehensive view of the market's experience across a range of dimensions.
- Benchmarking Data. Extensive points of comparison on what your peers are doing (or not doing) with regard to controls, systems, and structures to protect their organizations.
- Implications. Analysis of the current fraud environment and some pro-scriptive advice on how to change the ROI for the criminals.
Strengthen your treasury’s defenses with a better understanding of today’s threats and industry practices.