May 9, 2019 – Using Technology to Prevent Financial Fraud; Presented by Christian Grupp and Sarah Grupp
According to the ACFE (Association of Certified Examiners) the 2018 study covered 2,690 cases of fraud in less than two years, totaling more than $7 billion. This $7 billion was “merely a drop in the bucket” of the actual fraud that occurred. They found that Small Businesses lost almost twice as much per scheme to fraud as their larger businesses due to their lack of controls. According to research, detecting fraud through IT controls both prevents fraud and catches incidents of fraud more quickly and at a lower cost than other detection methods. Learn how to mitigate against a potentially devastating event to your client’s business.