People and Culture – The First Line of Defence to Fraud

• Organisations must actively engage their employees, raising awareness of the requirements of the offence so that they know it is their responsibility to be vigilant in identifying and managing fraud risk.
• The role of people and culture will be critical in relation to the six principles that should be considered when implementing the fraud prevention framework.
• The three E's (Engage, Educate, Empower) together create a value-based framework that provides a strong foundation for a resilient fraud risk management strategy.