Theft & Fraud Risk
Theft and fraud risk is one of the disruptive operational events HUB's Risk & Claims practice helps organizations prepare for and respond to, alongside cyber incidents and business continuity failures. This is designed for organizations that need this risk addressed within one coordinated operational risk framework.
Why It Matters
An isolated theft or fraud response is a slower one
Theft and fraud incidents, like other disruptive operational events, are often handled by whichever department discovers them first, whether it’s finance, human resources (HR) or security, —without connection to the organization's broader crisis framework. Addressing theft and fraud risk as an isolated concern rather than as part of one coordinated framework can slow the response time.
HUB's Approach
A faster response when it happens across departments
HUB addresses theft and fraud risk within its broader Operational Risk Management practice, alongside cyber incidents, business continuity and other disruptive operational events, rather than treating it as a standalone concern disconnected from an organization's wider risk framework.
Because theft and fraud incidents can touch finance, HR, legal and security simultaneously, HUB's advisors help connect an organization's response to these incidents with its broader crisis and continuity planning.
Insights for Your Business
Theft and fraud insight and research
