NAPERVILLE, Ill., Jan. 22, 2018 /PRNewswire/ -- Acclaimed fraud management expert, Dan Draz, creator of the innovative Detective Dan® Project for syndicated media outlets and Principal at Fraud Solutions, has agreed to author a new business column for American City Business Journals.
Draz's syndicated column has appeared in the digital editions of the 43 markets served by The Business Journals. His focus is on increasing executive awareness and creating a more robust fraud prevention atmosphere in American businesses. Columns will feature opinion, cutting edge analysis and insights on current business trends, fraud and information threats, tips for combatting major fraud events, management approaches to effective governance, risk, ethics & compliance, increasing ROI and protecting the bottom line.
With an estimated $4 trillion in annual losses, fraud has become a global epidemic. Two of the more common management misperceptions many senior executives have are "it won't happen here" and "we have nothing that anyone wants," both of which couldn't be farther from the truth. These errant management philosophies, combined with irregular anti-fraud risk assessment activity, poor training, unawareness and lackluster defenses, leaves businesses extremely vulnerable.
"The reality is that fraud doesn't discriminate between its victims, targeting businesses of all sizes, types and geographies," explains Draz. "In fact, the average business loses somewhere between 6-8% of their annual revenues from fraud and theft. In an uncontrolled environment lacking robust awareness, controls and prevention programs, losses easily skyrocket into double digits, which are often fatal to businesses."
Through Draz's Business Journal column readers around the country will now have access to unique insights, reputable information and recommended resources for the sophisticated fraud challenges facing their businesses from one of the most trusted fraud experts in the country.
ABOUT DAN DRAZ
Dan Draz has 32 years of successful management experience involving fraud prevention, detection, investigation, analytics and enterprise risk across industries. He's a frequent keynote speaker and trainer in the crime prevention space, and produces the Detective Dan® short form news features, available to syndicated media networks nationwide. Draz holds an M.S. in Economic Crime Management, a B.S. in Criminal Justice, is a Fellow at the Governance and Accountability Institute and has been a Certified Fraud Examiner since 1996, working with clients around the globe. Over the years, Draz has interacted with federal law enforcement agencies, investigated and dismantled sophisticated organized crime rings, and served as a private sector liaison on multijurisdictional and international fraud cases and security matters. He's also an accomplished subject matter expert having been published in industry, trade, online and news sources numerous times.
ABOUT FRAUD SOLUTIONS
Fraud Solutions is a niche enterprise fraud risk management consulting firm based in the suburbs of Chicago. Fraud Solutions provides specialized services to businesses around the globe which include: management consulting, fraud strategies, risk assessments, mitigation plans, gap analysis, fraud training, awareness based content and subject matter expertise to clients of all sizes across industry verticals. For more information, [email protected] or 630.699.5054
SOURCE Fraud Solutions