Which concept means continuous oversight to detect potential insider fraud?

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Multiple Choice

Which concept means continuous oversight to detect potential insider fraud?

Ongoing monitoring means continuous oversight of activity and transactions to detect potential insider fraud. This approach uses persistent data analysis, surveillance of access patterns, transaction volumes, and behavior anomalies across accounts and employees, with investigators ready to review and follow up on alerts. Its proactive, ongoing nature is what enables detection of insider fraud patterns that episodic checks might miss. Guidance on reporting money laundering and fraud schemes pertains to what to report and how, not the ongoing oversight of activity. Managing alerts is part of the workflow after alerts are generated, but it isn’t the overarching practice of continuously watching for risk. The final decision maker is a governance role responsible for approving actions, not the continuous monitoring activity itself.

Ongoing monitoring means continuous oversight of activity and transactions to detect potential insider fraud. This approach uses persistent data analysis, surveillance of access patterns, transaction volumes, and behavior anomalies across accounts and employees, with investigators ready to review and follow up on alerts. Its proactive, ongoing nature is what enables detection of insider fraud patterns that episodic checks might miss.

Guidance on reporting money laundering and fraud schemes pertains to what to report and how, not the ongoing oversight of activity. Managing alerts is part of the workflow after alerts are generated, but it isn’t the overarching practice of continuously watching for risk. The final decision maker is a governance role responsible for approving actions, not the continuous monitoring activity itself.

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