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Much of this change was propelled by the September 11, 2001, terrorist attacks.) A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. Consider reaching out to department heads outside of any formal BC activity and asking them to fill you in on what they do.
So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? Internal fraudsters might engage in fraudulent activity for years by taking advantage of their “trusted insider” status. These consequences came to pass when the Enron scandal broke in 2001.
energy company coasted on accounting fraud until it imploded in 2001, leading to the passage of the Sarbanes-Oxley Act the following year. Multiple checks and balances deter employees from fudging financial information and indulging in fraudulent activities and accounting behaviors.
energy company coasted on accounting fraud until it imploded in 2001, leading to the passage of the Sarbanes-Oxley Act the following year. Multiple checks and balances deter employees from fudging financial information and indulging in fraudulent activities and accounting behaviors.
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