The overriding mandate of today’s corporate regulatory environment—a complex web of legislation such as Sarbanes-Oxley, GLBA, Basel 11 and HIPAA—is not that businesses have “forensic” processes established to identify and document financial malfeasance after the fact, but rather that they have strong, well-documented control processes in place to prevent fraud and abuse from occurring in the first place. The onus for ensuring that these processes exist has evolved upward from business operations to executive suites and boards of directors.

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