Staying Ahead of the Fraud Curve

Solid Risk Assessment Is the Foundation of a Best-in-Class Fraud-Control Program

Salvatore R. LaScala
Alma Angotti
Sandra Desautels
Alex Shea

Guidehouse and American Banker conducted a survey “Staying Ahead of the Fraud Curve,” to determine how leading financial institutions (FI) are assessing and prioritizing the risk of fraud. We aimed to learn how FIs:

Define and evolve fraud prevention and mitigation strategies
Prioritize and prevent the most prevalent risks and challenges
Identify steps taken to assess and prioritize fraud risk

In a turbulent business environment, risk strategy must be proactive and fluid to thwart both known and unforeseen risks. Download the report to learn best practices.