Deterrence: The Forgotten Element of Fraud Prevention

Fraud

Management/mitigation

Maria Pukhovskaya -- Bill.com; Greg Wilson -- Gusto.com

Mar 30, 2019

Presentations

While humans' thinking on crime has evolved over time, online fraud prevention is still largely focused on identifying and stopping illegitimate activity and transactions. This presentation suggests taking a different tack and instead using the concept of deterrence. The deck includes insights on what deterrence involves and how to devise a deterrence strategy. Five approaches to deter fraudsters and four key takeaways round out the discussion.

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