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Manufacturing organizations are increasingly the victim of financial crime, whether from a sophisticated cyber fraudster, a malicious supplier or an employee. Why? Because their activities involve high volumes of large, complex invoices and payments that often don’t have a lot of centralized process controls around them.
These tips can help your Manufacturing organization prevent BEC fraud, cyber and data theft, and check forgery.
In the 5th annual survey, we asked 350 corporate practitioners and bankers where their organization stands in the fight against fraud and gathered extensive data on fraud experiences, defensive and control plans, spending to protect their organizations and views on risks.
We brought together the most prominent thought leaders on payments and banking to share their predictions on what the next decade has in store. From Open Banking, to more sophisticated fraud schemes, to real-time payments, to the rise of artificial intelligence and process automation... they all agree the innovation and shifts in the marketplace will require you to adapt and evolve.
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