Everyone has a problem with fraud. Everyone.
You are not alone.
It’s a matter of scale and where to look. What is fraud costing you, and just as importantly, what damage is it doing your reputation and brand? The bad news is that the attacks only go away when you go out of business.
Fraudsters, generally, have more time on their hands than you do to find holes in your organisation and processes. And they generally have nothing to lose, unless they are caught – which unfortunately, is not often in relation to the attempts.
Think about it this way. An average crew of bank robbers could likely rob 20 banks before being caught. An online thief could perform millions of fraudulent attempts, most of which would be automated, and still remain anonymous to authorities.
At threepercent we can help you throughout the whole cycle of fraud identification and management – from identifying the vectors of fraud to implementing strategies that cope with fraud attacks.
Here’s some additional reading to help you gain confidence in talking about fraud within your business.
Find fraud: We have a problem and what do we do next? Learn more.
Stop fraud: Putting the foot down. Learn more.
Combat fraud: How we can design better to reduce further attacks. Learn more.
Remember, you’re not alone.