his is know as the triple approach to fraud protection. Match each term with it's description.
Group of answer choices
Deter
[ Choose ]
Detect
[ Choose ]
Defend
[ Choose ]
Deter - The action of discouraging fraud or preventing it from happening in the first place. This can be done through implementing security measures and creating a culture of integrity and awareness.
Detect - The process of identifying and uncovering fraud incidents or suspicious activities. This can be done through monitoring systems, data analysis, and conducting regular audits.
Defend - The action of protecting against fraud and mitigating its impacts. This can involve implementing strong security measures, establishing internal controls, and responding promptly to fraud incidents.