Many companies remain overconfident in their ability to defend themselves against attacks. The truth of the matter is that fraud is not just a firewall/cyber security system issue.
Just because you have the latest and greatest cyber security protection already in place, does not mean your organisation is safe. 88% of employees have the opportunity to commit finance fraud, with asset misappropriation (also known as internal fraud) and cybercrime being the two most common types of fraud.
An effective cyber security system for fraud management requires input from everyone in your organisation, and it should be everyone’s responsibility to look after the company’s best interests.
Part 4 of our myth busting guides will help you to take the first proactive steps to building comprehensive cyber security protection against finance fraud and, in turn, reducing the risk of fraudulent activity and irregularities within your organization.
"88% of staff have the opportunity to commit fraud."
eBookBusiness fraud impacts enterprises both big and small
If you think your organisation isn’t big enough to be impacted by business fraud, you’re deluded. The reality is, no matter the size of your business, you are a target for financial fraud.
DatasheetPT-X Protect: Protecting Your Payments & Mitigating the Risk of Fraud and Error
As part of the PT-X® Payments and Business Solutions Suite, PT-X Protect helps to facilitate an organisation’s payments best practice. By focusing on proactive detection and prevention, payments can be analysed for indicators of potential fraud or errors.
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