Staying on Top of Common SAP Fraud Risks in 201701, February 2017
While not every segregation of duties (SoD) risk leads to fraud, it makes it more likely to happen. According to a 2016 KPMG report on internal fraud, weak controls were a contributing factor for 61 percent of fraud cases and over half of fraudsters were currently employed by the company. If those statistics aren’t shocking enough, 75% of companies have fallen victim to a fraud incident in 2015, according to the 2015 Kroll Global Fraud Report.
What can companies do to combat this? The key is to be vigilant about SoD risks lurking in your access controls environment. The more knowledge you have of segregation of duties (SoD) conflicts and how they are created, the more power you’ll have in stopping them from arising. In our latest ebook, 10 Most Common Segregation of Duties Conflicts in SAP, we expand on what makes those SoD conflicts high risk in SAP and what can happen when they are not remediated or mitigated effectively. It’s a quick, but worthwhile read for those who manage access controls risk and security in SAP. Download the free ebook here.