Monday, December 22, 2008

Fraud protection: Where to from here?

Tradionally we have relied upon Accountants, Auditors, Risk Managers and Regulators to protect us from fraud.

That's worked really well hasn't it?

The problem with all the protection is that we trust them to protect us and they can't.

And the more "protection" we have in place the less we think for ourselves, the less we are worried by exposure because we have the very best "professional' protection in place.

Problem is these people cannot protect you because they do not think like a fraudster, they are reactive, not proactive, they can find and solve problems, never prevent them.

The answer is self reliance.

Educate yourself, ask questions, understand the risk, apply common sense and sound judgement.

And you need professional assistance; you need to employ a fraud prevention professional who understands fraud from the inside, who has personal experience of fraud and who understands how fraudsters think, act and operate.

You need me.

No comments:

Post a Comment