anti-fraud measures

Anti-fraud measures are strategies and practices designed to prevent, detect, and respond to fraudulent activities. They include implementing strong security protocols, such as identity verification and encryption, to protect sensitive information. Educating employees and customers about common fraud tactics raises awareness and reduces vulnerability. Regular audits and monitoring financial transactions help identify suspicious behavior early. Collaboration with law enforcement and regulatory agencies enhances enforcement efforts. Overall, these measures aim to safeguard assets and maintain trust in financial systems by making it harder for fraudsters to succeed.