We were recently asked to contribute to an article being written about "Fraud healthchecks, and training: What should businesses be doing?"
The scope included all fraud, so not just IT fraud, but data theft by employees, material theft, and financial fraud.
Our stance is that all fraud is preventable, but in the same way that any football game is winnable – stuff happens, mistakes are made, freak goals are scored.
Accepting this means that, while the goal for combatting fraud is 100%, the reality will be that you can't win 'em all. But by operating a full range of security best practices, including file integrity monitoring, will substantially stack the odds in your favor in the battle against fraud.
The questions asked and answers we provided covered a lot of ground and ended up providing a pretty good summary of what the threats and risks of fraud are, how to counteract these, and how all businesses should be operating procedurally to prevent, or at least, detect fraud. Read the full article Is all fraud preventable? What should businesses be doing?