Survey: Employee fraud tops financial firms’ concerns

The threat of employee fraud has become a major concern for financial firms as they face increasingly sophisticated criminal attacks, according to a draft report from Actimize, a provider of transactional risk management solutions.

A draft of the report, seen by OpRisk & Compliance, is based on a survey of leading financial firms. The report is due to be released later this month. It shows financial firms are more concerned about the threat of fraud and criminal behaviour than they were two years