Resources for Federal Information Security Management Act (FISMA)

Detection or Prevention?

www.canadianunderwriter.ca

Should risk managers focus limited financial and internal resources on prevention of corporate fraud, or should they ensure an effective detection and investigation program is in place? In fact, they should do both.

Risk managers are faced with difficult decisions during the course of establishing an effective internal risk management program. Do they focus limited financial and internal resources on prevention, or do they ensure there is an effective detection and investigation program in place? In fact, it is often advised that they can and should do both.

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