Which action is considered a proactive approach in fraud prevention?

Establishing and communicating a robust fraud policy is recognized as a proactive approach in fraud prevention because it sets clear expectations and guidelines for behavior within an organization. A well-communicated fraud policy creates awareness among employees about what constitutes fraudulent behavior and the consequences of such actions. This understanding not only discourages potential fraudulent activities but also empowers employees to report suspicions of fraud without fear of reprisal, thereby fostering a culture of integrity and accountability.

In addition, a robust fraud policy often includes regular training and updates, ensuring that employees remain informed about the latest fraud schemes and the organization's commitment to preventing fraud. By proactively addressing fraud risk in this manner, an organization can significantly enhance its defenses against potential fraudulent activities, rather than merely reacting to incidents after they occur.

Relying solely on IT security measures, conducting exit interviews, and addressing employee grievances can all play roles in an organization's overall strategy to mitigate fraud risk, but they do not carry the same proactive essence as establishing a comprehensive and communicated fraud policy. These other actions are often reactive or supplementary rather than foundational approaches to fraud prevention.