Fraud Prevention is one of the most important elements of an organization. It is necessary for all organizations to create a fraud prevention plan to minimize the likelihood of fraudulent activities. Employees are the most valuable asset, so they should be made aware of their duties and responsibilities. Additionally, fraud awareness should be emphasized among all employees, because honest employees are the best allies in the fight against fraud. The most effective way to detect occupational fraud is through tips from employees. Besides, tips can also come from customers, competitors, and acquaintances of a fraudster.
See the infographic below brought to you by Login ID as the company highlights all the various classifications of fraud. Continue reading below to gain more knowledge, have awareness with your surroundings, and secure private authentication for the future: