Fraud is not just a breach of policy—it’s a breach of trust. To prevent it, we must understand it. Not just the act, but the actor.
In today’s increasingly complex business environment, the fraud landscape has evolved. Fraudsters are becoming more digital, more sophisticated, and harder to detect—placing immense pressure on organisations to go beyond traditional controls and enhance their detection capabilities.
What’s most alarming is that the typical fraudster is often someone you’d least suspect—highly respected, long-serving, and seemingly loyal. This underscores the critical need for vigilance and robust internal controls.
KPMG India’s latest report, offers a deep dive into:
- Who the fraudsters are?
- What methods they use?
- How can organisations better protect themselves?
This report, attached herewith (Global Profiles of the Fraudster – India Outlook 1, also sheds light on the motivations behind fraud, systemic vulnerabilities, and other key indicators that can help identify internal threats before they escalate.
