May 10, 2023

Banking Exchange

New Report Shows Collaboration and Technology as Keys to Mitigating New Phase of Insider Fraud

Insider fraud is changing, and banks must adjust their strategies to keep up with it. This is my main takeaway from the recently released Strategic Treasury Fraud and Controls survey. Not only is a course correction necessary to counter this potentially devastating threat, they also need to bring their corporate partners along with them to truly make a dent in this new phase of internal data and financial theft.

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