When it comes to running a successful business, preventing fraud should be a top priority. Fraud can have devastating effects on your company's finances and reputation. By implementing best practices for preventing fraud, you can protect your business and ensure its long-term success.
Statistic | Percentage |
---|---|
Global fraud losses in 2020 | 5% |
Percentage of businesses that experienced fraud in the past year | 30% |
Median loss due to fraud in small businesses | $150,000 |
By following these best practices, you can significantly reduce the risk of fraud in your business and protect your assets.