Yoss: Fraud Costs Big—Here’s How to Prevent It | Quick Tech Talk
Even small changes to internal controls can reduce the average $700K loss.
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Quick Tech Talk
With Steve Yoss
CPE Today
Fraud isn’t just a nuisance—it’s a multimillion-dollar drain on businesses every year. According to the Association of Certified Fraud Examiners (ACFE), organizations lose an estimated 5% of their annual revenue to fraud. That amounts to a staggering $4.7 trillion globally, based on the 2022 Report to the Nations.
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