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How to Create a Fraud Response Plan in Financial Institutions

  • By: Staff Editor
  • Date: October 14, 2011
Webinar All Access Pass Subscription Abstract:

According to a Certified Fraud Examiners Survey, organizations lose an estimated 5% of their annual revenue or about USD 2.9 trillion of the gross world product, because of fraud. The average time taken to detect a fraud is about 18 months.

This article discusses the best practices to be followed by financial institutions when creating a fraud response plan.

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