Huntswood research paper: Fraud – how to manage this increasingly complex threat

White Papers | 29/05/18

Huntswood have released a new report based on research undertaken with 43 firms across financial services and the utilities sectors. The report reveals:

The key organisational and operational characteristics that provide fraudsters with an opportunity to commit fraud

7 common fraud risks we found across financial services and utilities

7 primary controls (each with their own set of secondary controls) that firms can use to mitigate their fraud risks

The importance of taking a holistic approach to managing fraud risk – we outline what good looks like in terms of an end-to-end customer journey to effectively mitigate the risk

Key technology solutions being used by firms

Recommended good practice tips that can be employed to reduce a firms exposure to fraud

What firms and industry trade bodies have to say about fraud risk management.