No modern organisation is untouched by or invulnerable to Risk – be it fraud, embezzlement, white collar crimes or litigations. These risks could be caused by disgruntled employees, dishonest dealers, corrupt vendors or ruthless competitors. Risk of this kind could cause irreparable damage to the organization’s credibility and brand. Hence, it is important to stay vigilant and take efforts to isolate individuals, corporates or situations that could affect the internal as well as external environment of an organisation, to avoid long-term loss and damage.
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