Policies are crucial to a successful business. Without them, it's impossible to consistently control and keep track of all the things that happen day to day. It's great to see others as excited about the topic as we are at First Reference. Last week, Scott Lowe outlined on TechRepublic, "10 things to consider when creating policies." And it's not just IT policy he's interested in.
Reducing the risk of fraud from both external and internal sources is something that all businesses have to consider at some time, or continually, depending on the owner's approach and taste for living on the edge. But seriously, fraud is a serious problem that can damage or even destroy a business, particularly small and medium ones, which can't afford the potential losses.