The unmanaged risk

Ernst & Young published its seventh international fraud survey at the end of May. Its findings clearly indicate that the fight against fraud represents a hard and continuing struggle, a point acknowledged in the observation: “Fraud is an ongoing task, not a one-time fix-it job that lasts for eternity.” In this article, David Sherwin, head of Ernst & Young’s Fraud Investigation Group, reviews the survey results and draws some lessons.

If you believe that your organisation is immune from the risk, that a significant fraud may be perpetrated against it then the results of Ernst & Young’s 2000 international fraud survey, “Fraud – The Unmanaged Risk”, may cause you to think again.