Manasi Sathyadas’ Post

🌍 Join the Fight Against Fraud: International Fraud Awareness Week (Nov 17–23, 2024) Fraud thrives in silence. This International Fraud Awareness Week, let’s break the silence and take a stand against fraud together. Fraud impacts businesses, employees, and stakeholders on a global scale. This International Fraud Awareness Week, let’s shine a light on fraud risks and the tools available to combat them. 🔍 Did You Know? Companies lose an average of 5% of revenue annually due to fraud. Employee whistleblowing is the most effective way to uncover fraud—more than audits or investigations. 🔒 How Whistle Sentinel Can Help: 1️⃣ Anonymous Reporting Tools: Enable secure and fear-free reporting. 2️⃣ Fraud Analytics: Spot irregularities and patterns before they escalate. 3️⃣ Global Compliance Support: Ensure adherence to anti-fraud laws and standards. Fraud doesn’t happen in isolation—it takes vigilance and innovation to prevent it. Let’s use this week to build stronger safeguards and foster a culture of integrity. Fraud isn’t just about financial loss; it erodes trust, impacts reputations, and threatens long-term sustainability. 💼 Ready to protect your organization? Book a free demo or contact us today: 📞 +91 9867303707 ! 📩 sales@whistlesentinel.com | 🌐 www.whistlesentinel.com ! ,📝 https://lnkd.in/gJx3YVbi (Book a Free Demo) #StopFraud #FraudAwarenessWeek #CorporateIntegrity #WhistleSentinel #FreeDemo

The cost of business fraud is ramping up, said the Assoc. of Certified Fraud Examiners (ACFE). In its biannual report, the ACFE said the median fraud loss per incident rose in the last two years from $117,000 to $145,000. The good news is, more businesses have adopted fraud detection and prevention measures. The top methods of detection are tips, internal and external audits, and management reviews. The best defenses against fraud are robust internal controls, including surprise audits, management review and fraud training, the report found. Fraud training sends a powerful message to dishonest people of the intention to fight fraud where it occurs. Here’s more: https://bit.ly/3Ka4xME #BusinessFraud #FraudPrevention #ACFE #FraudDetection #InternalControls #BusinessSecurity

Fraud is a potential threat to every small business, posing a risk to a company’s assets and reputation alike. From learning how to identify the most common types of fraud to implementing robust internal controls, it’s crucial to take steps to safeguard your business. This week, we’re sharing tips on how to protect your company from fraud. Check out the latest from our blog: How to Prevent Fraud in Your Small Business https://ow.ly/32VA50RCZhw #McManamonCo #smallbusiness #smallbiz #fraudprevention

The cost of business fraud is ramping up, said the Assoc. of Certified Fraud Examiners (ACFE). In its biannual report, the ACFE said the median fraud loss per incident rose in the last two years from $117,000 to $145,000. The good news is, more businesses have adopted fraud detection and prevention measures. The top methods of detection are tips, internal and external audits, and management reviews. The best defenses against fraud are robust internal controls, including surprise audits, management review and fraud training, the report found. Fraud training sends a powerful message to dishonest people of the intention to fight fraud where it occurs. Here’s more: https://bit.ly/3Ka4xME #BusinessFraud #FraudPrevention #ACFE #FraudDetection #InternalControls #BusinessSecurity

Fraud is a potential threat to every small business, posing a risk to a company’s assets and reputation alike. From learning how to identify the most common types of fraud to implementing robust internal controls, it’s crucial to take steps to safeguard your business. This week, we’re sharing tips on how to protect your company from fraud. Check out the latest from our blog: How to Prevent Fraud in Your Small Business https://ow.ly/32VA50RCZhw #McManamonCo #smallbusiness #smallbiz #fraudprevention

Stay Ahead: The Power of Proactive Fraud Prevention 🚨 Fraud doesn't just happen overnight, it often builds up over time, going unnoticed until it's too late. That's why a proactive approach is your best defense against fraud. At Pythagoras Forensic Services Limited, we believe in prevention rather than cure. Here’s how being proactive can save your business: 1️⃣ Early Detection Saves Costs: Identifying fraud early can prevent significant financial losses and reputational damage. 2️⃣ Strengthen Internal Controls: Regular audits, checks, and balances create a strong shield against potential fraudsters. 3️⃣ Create a Fraud-Aware Culture: Encourage open communication and awareness among your team. Empower them to report suspicious activities without fear. 4️⃣ Stay Updated with Regulatory Compliance: Keeping up with the latest regulations can help prevent legal penalties and ensure your business remains compliant. 5️⃣ Leverage Expert Support: Bringing in experts for thorough risk assessments and regular reviews can keep your business one step ahead. Remember, prevention is always better than cure. Don't wait for fraud to happen, take steps now to protect your business! At Pythagoras Forensic Services Limited, we specialize in proactive fraud prevention strategies to safeguard your business. Let’s talk about how we can help you stay ahead. 🤝 #pythagorasforensics #forensicexperts #frauddetection #fraudprevention

The cost of business fraud is ramping up, said the Assoc. of Certified Fraud Examiners (ACFE). In its biannual report, the ACFE said the median fraud loss per incident rose in the last two years from $117,000 to $145,000. The good news is, more businesses have adopted fraud detection and prevention measures. The top methods of detection are tips, internal and external audits, and management reviews. The best defenses against fraud are robust internal controls, including surprise audits, management review and fraud training, the report found. Fraud training sends a powerful message to dishonest people of the intention to fight fraud where it occurs. Here’s more: https://bit.ly/3Ka4xME #BusinessFraud #FraudPrevention #ACFE #FraudDetection #InternalControls #BusinessSecurity

It's Internal Fraud Awareness Week! Which means it's time to spread the word about minimizing the impact of fraud through awareness and education. Take a few minutes to read "The 5 Essential Steps of Internal Fraud Investigation" to learn what your organization can do to detect, investigate and prevent internal fraud. Then feel free to pass it along or tag someone else who might find this helpful! https://lnkd.in/gZwUxdwA

🔍🛡️ March is Fraud Prevention Month! 🔍🛡️ In the realm of business, safeguarding against fraud is paramount. As we observe Fraud Prevention Month this March, let's reinforce our commitment to protecting our organizations and clients from deceptive practices. Fraudulent activities can have devastating effects, ranging from financial losses to reputational damage. But by staying vigilant and implementing robust fraud detection and prevention measures, we can mitigate these risks and uphold integrity in our operations. Here are a few strategies to consider: 1️⃣ Educate: Keep your team informed about common fraud schemes and how to recognize red flags. 2️⃣ Implement Controls: Strengthen internal controls to prevent unauthorized access and transactions. 3️⃣ Monitor Transactions: Regularly review financial records and transactions for any irregularities. 4️⃣ Stay Updated: Stay abreast of the latest fraud trends and technologies to adapt your defenses accordingly. Let's work together to foster a culture of transparency and accountability. Together, we can combat fraud and build trust within our organizations and communities. #FraudPreventionMonth #CombatFraud #fraudawareness #frauddetection #fraudinvestigations #fraudmanagement #RiskManagement #StayVigilant