Sometimes it is amazing to see how people just "ignore" rules and just do the opposites?... For example, people ignore the "No smoking" sign and smoke; people simply speeding in a "low speed" zone; selling stuff right at the "do not solicit" sign board or littering in the "do not litter zone"?. Like these non law-abiding citizens, fraudsters love challenges. Companies may establish standard operating procedures; code of ethics; rules; guidelines and policies - frauders may just want to break the rules or defy the procedures. As such, having the rules or the laws alone may not be enough. Companies and organisations must ensure that such procedures are strictly enforced. Effective enforcement is key in fraud mitigation process. Companies must adopt the "zero tolerance" policy for fraud....Tuesday, October 23, 2012
Rules are to be Broken?...
Sometimes it is amazing to see how people just "ignore" rules and just do the opposites?... For example, people ignore the "No smoking" sign and smoke; people simply speeding in a "low speed" zone; selling stuff right at the "do not solicit" sign board or littering in the "do not litter zone"?. Like these non law-abiding citizens, fraudsters love challenges. Companies may establish standard operating procedures; code of ethics; rules; guidelines and policies - frauders may just want to break the rules or defy the procedures. As such, having the rules or the laws alone may not be enough. Companies and organisations must ensure that such procedures are strictly enforced. Effective enforcement is key in fraud mitigation process. Companies must adopt the "zero tolerance" policy for fraud....
