Imagine this, fraud and waste of government funds exceed the whole budget for the Department of Homeland Security. Plus, bureaucracy and increasingly sophisticated methods on the part of criminals present still new challenges to fraud fighters.
Research by the Government Business Council and SAS highlights the scale of the fraud issue, and outlines some solid strategies for limiting fraud and waste. The solutions include improved processes for detecting and reporting fraud, greater investment in advanced anti-fraud technologies, and better awareness training programs for managers.
This All Analytics infographic outlines some of the researchers' findings. You can download the full report here.