Prevention vs. reaction - Investment vs. cost 2/7

https://video.wixstatic.com/video/86c109_9582bfba379f4959a4508c9c62b2db27/720p/mp4/file.mp4

Why incident prevention is more effective than reaction

💡 undetected fraud costs companies an average of $145,000 per incident or 5% of their annual revenue;

💡 prevention significantly reduces losses by identifying risks before incidents occur

💡 when you prevent, you control the situation; when you react, the situation controls you.