Fraud risk is something that businesses small or big cannot ignore and whether you are there for profit or non-profit, fraud is something that you cannot ignore. Even governments face fraud risk and the only way to combat fraud is to fight it in its very own backyard. Fraud risk CANNOT be eliminated and can only Accepted, Avoided, Reduced or Transfer.
The irony of this is quite simple: FRAUD STARES AT US AND WE CHOOSE TO IGNORE IT. THE TELL TAIL SIGNS ARE STARING AT US AND WE KNOWINGLY OR UNKNOWINGLY CHOOSE TO IGNORE IT.