A study commissioned by the Association of Certified Fraud Examiners (ACFE) estimates that organisations typically lose some 5% of revenue to fraud.
This translates to big numbers, with billions of dollars lost each year. Fraud can also result in significant damage to reputation, disruption to business and regulatory sanctions. The good news is that there is a great deal that organisations can do to combat the threat of fraud.
Aon's Fraud Risk Management Services
We specialise in the following areas of fraud risk assessment and management:
We assess existing fraud control programs against recognised best practice.
Fraud risk assessment
Understand where your organisation is vulnerable to the threat of fraud and other corrupt behaviour and how to take control.
Preparation and advice
Prepare for the possibility of fraud by addressing the risk in a comprehensive and coordinated manner. Having a fraud control plan or fraud risk management policy in place will assist your organisation in preventing fraud.
Employee fraud awareness training
Assist your employees in understanding the critical role they play in preventing, identifying and reporting fraud.
If fraud occurs, our experienced and highly skilled team of specialists assists our clients in investigations and in the preparation of crime and fidelity claims. This work includes:
We have direct access to global resources and specialists who are highly experienced at obtaining and analysing critical business intelligence, including financial and non-financial due diligence.
Fraud and ethics helpline advisory service
The majority of fraud is detected as a result of employee tip-offs. We can assist in the design and implementation of a helpline that encourages employees to feel secure in coming forward with information.
Physical Security Advisory
Protect your people and your business from physical circumstances and events such as break-ins and theft.
Take the steps to protect your business from fraud by contacting Aon today.