As organisations emerge from a Covid-19 world, the focus is to manage fraud and, especially as businesses, workers, and partners had worked remotely, opening up new vulnerabilities. Cyber-crime continued to grow – together with concerns involving organisations’ preparedness and planning to tackle fraud – both internal and external, across national and international jurisdictions.
The rapid adoption of technology and internet penetration across the Asia Pacific made organisations, staff, and customers increasingly more vulnerable. Fraud and cybercrime present challenges for companies – with executives reporting fraudulent behaviour, attributed more recently to remote working conditions and business dealings. According to a recent KPMG survey of ASX 200 companies, nearly 83 percent believed their organisation was vulnerable to fraud. The challenge planning proactively to tackle fraud, protect reputational damage, and integrate the fraud, risk management, compliance, auditing, and reporting arrangements.
The 10th Annual Fraud & Risk Management Summit 2021 explores how fraud professionals can embrace technology, speed to respond, transparency, and collaboration to detect and prevent fraud at all levels of business. The summit format galvanises national and international senior fraud professionals to share the action plan to prepare for, and tackle forward in a hyper- connected and increasingly vulnerable business environment.