New scams and frauds are more widespread and sophisticated now in response to the COVID-19 pandemic, according to the Federal Trade Commission.
To mitigate the growing threat, companies are now investing in anti-fraud efforts to stay ahead of potential criminals. The longer it takes an organization to identify and contain a breach, the more costly and damaging the impact. Preparing for these risks pays off, literally and figuratively.
These tips for the top anti-fraud investments can help finance departments and CFOs better protect their organization’s important data.