Fraud is a canker and value destroyer in any society. It robs shareholders, investors, customers, employees, and society at large of their due benefits. Nations, corporations, government agencies, and institutions devoid of effective anti-fraud preventive and management controls are doomed to suffer unquantifiable losses.
Fraud cases involving employee embezzlement, vendor fraud, customer fraud, management fraud, investment scams, and other consumer frauds abound all over the world. Advancement in technology coupled with the speed at which artificial intelligence is taking over the internet space makes it scary to do business online without properly defined anti-fraud schemes built into business transaction processes.
Business transactions are done in real-time; payment for goods and services has become extremely quick and easy with the click of a button. Internet fraud is not only a piece of bad news for individual users, but also a huge threat to businesses as well.
It is anticipated that by the year 2030 payment card fraud losses will hit $49 billion. And guess who the victims would be. Individuals like you and me and innocent businesses trying to serve the interest of the clients to make a living. Look out for our anti-fraud prevention, and management control programmes. We strive to assist corporate organizations, including micro, small, medium, and large organizations to develop robust risk management strategies that address the threats and vulnerabilities in business operations.