Is Fraud Prevention, Fraud Detection and Fraud Deterrence still a topic of interest?
Vonya Global recently released a report on Strategic Planning for Fraud Prevention, Fraud Detection, and Fraud Deterrence. The report is the result of interviews with Executives and Internal Auditors from private, public, and not-for-profit organizations, spanning many industries to gather opinions on strategic plans for fraud prevention, detection, and deterrence. Historically, there have been several studies conducted about fraud and fraud statistics, but few that deal directly with the strategic plans to manage fraud risks. The timing of this study is appropriate due to the heightened sensitivity to fraud due to the economic conditions. It seems more groups, including regulatory bodies, investors, clients, and suppliers are increasingly concerned about the ability to demonstrate effective fraud prevention and fraud detection strategies. One of the goals of this report is to help organizations begin to evaluate the investment in fraud prevention, fraud detection, and fraud deterrence
