What Makes a Business Most at Risk for Fraud?
There are specific characteristics that contribute to the level of fraud risk that a business client may be exposed to.
For small business clients, the biggest challenge is the size of the organization as resources are much lower, causing them to have less internal controls. In addition, the smaller the business the more reliance on limited staff. Moreover, the level of trust that the owner has in the organization can lead to more significant damages in the event of a fraudulent act.