Deter - The action of discouraging fraud or preventing it from happening in the first place. This can be done through implementing security measures and creating a culture of integrity and awareness.
Detect - The process of identifying and uncovering fraud incidents or suspicious activities. This can be done through monitoring systems, data analysis, and conducting regular audits.
Defend - The action of protecting against fraud and mitigating its impacts. This can involve implementing strong security measures, establishing internal controls, and responding promptly to fraud incidents.
his is know as the triple approach to fraud protection. Match each term with it's description.
Group of answer choices
Deter
[ Choose ]
Detect
[ Choose ]
Defend
[ Choose ]
1 answer