
Managing an Anti-Fraud Program 225
The cost of correcting a problem is generally more expensive than the cost
of preventing one.
SOME ASPECTS TO INCORPORATE INTO AN ANTI-FRAUD
PROGRAM PLAN
Establishing an effective and effi cient anti-fraud function within the IWC
security department will require some analysis. Furthermore, it may require
selling the need for a staff to perform that function, as was discussed in
the previous chapter.
Even if you have been specifi cally hired to establish an IWC anti-fraud
program, you will still be expected to defi ne to management the size and
scope of such a program and its related functions, including its costs ...