Fraud Prevention Starts With Awareness

Fraud Prevention Starts With Awareness

By Frank Costa, President, Nexgen Protection Services

Fraud can impact more than a company’s bottom line—it can affect employees, customers, operations, and trust.

Protection and security professionals play an important role in prevention. By staying alert to unusual behavior, policy violations, access anomalies, and other warning signs, security officers can help identify potential risks before they escalate.

The key is awareness, observation, and timely reporting. Security teams don’t have to investigate every suspicious activity themselves; recognizing the signs and communicating concerns through established procedures can make a meaningful difference.

Strong fraud prevention is a shared responsibility—and security professionals are an important part of that first line of defense.

Source: Association of Certified Fraud Examiners. (2024). Occupational fraud 2024: A report to the nations.

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