What is Leak Detection?
Leak detection refers to the process of identifying and locating hidden leaks or failures in various systems, including financial markets.
Types of Leaks
- Sustainability leaks: hidden costs and inefficiencies in environmental and social initiatives.
- Pollution leaks: toxic chemicals and gases that harm human health and the environment.
- Financial leaks: mismanagement of funds, insider trading, and corruption.
Benefits of Leak Detection
Identifying leaks early can help prevent financial losses, environmental damage, and reputational harm. It also enables swift action to address the issue, reducing long-term consequences.