What enforcement strategy focuses on penalizing offenders to deter future violations?

The enforcement strategy that focuses on penalizing offenders to deter future violations is deterrence. This approach operates on the principle that the fear of punishment will discourage individuals or organizations from engaging in fraudulent or illegal activities. By implementing stringent penalties for violations, the expectation is that potential offenders will weigh the consequences of their actions more seriously, thereby reducing the likelihood of future misconduct.

In contrast, compliance refers to the adherence to laws and regulations, focusing more on promoting proper practices than on punishment. Prevention is aimed at stopping fraud before it occurs by implementing measures that reduce opportunities for fraud, while monitoring involves actively observing and reviewing activities to detect any potential violations. Each of these strategies plays a role in a comprehensive fraud prevention program, but deterrence specifically emphasizes the role of punitive measures to discourage wrongdoing.