Top Internal Controls To Prevent And Detect Fraud Cybers Guards
#1. Verify Identification Before any Transaction to Prevent Banking Frauds Source As we all know, prevention is better than cure. So, it is always good to take some preventive measures to avoid banking fraud. One such measure is to verify the identity of the person with whom you are going to deal before any transaction. There are many ways to do identity verification. One way is to ask for a government-issued photo ID such as a passport, driver’s license, or national ID card....