Industry benchmark: 5% of revenue estimated lost to fraud annually, (according to ACFE report "Occupational Fraud 2022: A Report to the nations") To learn more about the report
What proportion of the estimated loss due to fraud is attributed to the use of sample-based controls as opposed to full data internal controls? According to; “ Occupational Fraud 2022: A Report to the nations” nearly half of fraud cases occurred due to lack of internal controls
By using fraud detection solutions that analyze all controls, companies can decrease loss by 50%. How much improvement do you anticipate if you switch from sample-based methods to full data internal controls?
What percentage of the loss, including costly legal fees and other expenses, do you attribute to late fraud? “47% of respondents in a Forrester study agree that fraud management processes are manual and lack automation”
What percentage of loss recovery can be retrieved by accelerating the process of fraud detection? Learn more