Why fraud happens
What to do about it
Andrew Brown explores how to minimise the risk of fraud in your organisation.
Corporate fraud is an ongoing reality. Studies show that most major companies report some form of fraud incident every two or three years. The typical direct loss is €1.5 million, with additional costs of investigation, prosecution, management time and reputational damage adding at least €500,000 to the total. Andrew Brown takes a look at how to minimise the risk of fraud in your organisation.