Page 50 - ACFE Fraud Reports 2009_2020

P O S T - F R A U D R E A C T I O N S

As the previous chart shows, in approximately 86% of the cases the victim was either deemed to have insufficient controls or

to have allowed its controls to be ignored by its employees and/or management. Both of these problems ought to be

correctable, so respondents were asked if they believed that the victims in their cases had taken sufficient steps to protect

themselves from future schemes. In over a quarter of the cases, respondents felt that the victim had failed to remedy the

problems that left it vulnerable to fraud in the first place.

H A S T H E V I C T I M
T A K E N A D E Q U A T E S T E P S T O P R E V E N T F U T U R E F R A U D S ?
ADEQUATE PREVENTION TAKEN/
PERCENT OF CASES
Yes (72.8%) $98,500

No (27.2%) $95,500

MEDIAN LOSS

P A G E 2 0