Amy Rojik
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How boards can confront fraud head-on
Amy Rojik offers advice on proactive risk-management strategies amid evolving dangers Boards must be proactive about fraud prevention, detection and mitigation, and should be vigilant about emerging risks even while they maintain oversight of traditional issues. The advent of new technologies, digital currencies, complex supply chains, economic pressures and geopolitical instability are just some of the many evolving risk areas that can foster environments conducive to fraud. There are various measures boards can undertake to mitigate fraud risk. Building a culture of compliance and transparency, overseeing risk management, understanding the elements conducive to fraud and strengthening internal controls and compliance…