Tag: Inherit risk

  • Day 145: Inherit Risk

    Day 145: Inherit Risk

    #QuickBiteCompliance Day 145 Understanding Inherent Risk: How Financial Criminals Exploit Weak Points Imagine your house has no locks, no alarms, and no fences. Before adding security, the risk of a break-in is at its highest. This is inherent risk—the level of danger before any safeguards are in place. In financial crime, inherent risk comes from…