BC008_English: Fraud and Corruption Business Continuity Management
Fraud and corruption is an endemic global risk which impacts all organizations to some extent. The implications can be nefarious, commonplace, subtle or overt in nature. They can impact both the point of the crisis, as well as the wider interests of the organization. The ability for management teams to understand, plan and prepare for, respond to and manage, and then effectively and transparently transition and recover from such events protects the organization, and demonstrates to external stakeholders a professional, timely and honest approach to controlling fraud. Fraud and corruption events can also have cascading implicating, whether this impacts a business license or ability to operate, the ability to retain or win work, the risks of breaching regulatory controls and stipulations, or whether it presents a security risk to the responding management team. The response requires a multi-party and integrated response, with an understanding of the full implications and collective needs in managing such events. HR PHR Credits (Functional Area 6): This course supports Human Resource professionals in developing effective business continuity policies, plans and protocols, communicating and training the workforce on security and safety plans and policies, as well as business continuity and disaster recovery plans, meet legislative requirements, enable internal investigation and monitoring techniques, demonstrate strong and effective financial management practices, and empower organizational incident and emergency response measures and associated plans. This training also protects the organization from loss and liability, develops leadership concepts and applications, and supports risk management techniques. PLEASE REMEMBER - Some modules offer language subtitles. Click the 'CC' button on the video player controls to select your language. WEAK INTERNET – If you have limited bandwidth, please ensure you select the lowest quality setting under the gear icon in the video player controls.