3rd Party Risk Management , Fraud Management & Cybercrime , Fraud Risk Management

Why Intrusive Monitoring Technology Is Ineffective

Kroll's Richard Dailly on Better Ways to Fight Supply Chain Fraud
Richard Dailly, managing director at Kroll

Using intrusive technologies to check staff behavior in an effort to fight against supply chain fraud is ineffective, says Richard Dailly, managing director at the security firm Kroll in Hong Kong.

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”My sense is that this will be a major step backward in the relationship between senior management and staff,” he says of intrusive employee monitoring efforts.

A better approach, he says, is to create a corporate culture that demonstrates employees are valued and that "senior management is on their side," which creates a disincentive to commit fraud.

In this video interview with Information Security Media Group, Dailly also discusses:

  • Case studies of supply chain fraud;
  • How supply chain fraud is evolving;
  • Why using intrusive monitoring technologies is ineffective.

Dailly focuses on complex business intelligence and multijurisdictional cases across the region as well as client relationships and delivery. He is a fellow of the Duff & Phelps Institute.

About the Author

Suparna Goswami

Suparna Goswami

Associate Editor, ISMG

Goswami has more than 10 years of experience in the field of journalism. She has covered a variety of beats including global macro economy, fintech, startups and other business trends. Before joining ISMG, she contributed for Forbes Asia, where she wrote about the Indian startup ecosystem. She has also worked with UK-based International Finance Magazine and leading Indian newspapers, such as DNA and Times of India.

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