100490 A Mouse in the House: Don’t Lose Sight of Internal Control in the Panic Around External Threats
Presented at RECONNECT 19
While most of us are focused on the rising threat of external factors, it is important to not forget that just over half of fraud and error is committed by insiders. Internal controls are often thought of as a ‘check the box’ exercise due to regulatory pressure, but are actually the most effective form of risk prevention you can have. From ‘Tone at the Top’ to ethics trainings to front-line control performance, the three lines of defense have never been more relevant.
Jeff Soelberg, Fastpath