Identifying and controlling computer crime and employee fraud

Some statistics about the growth on fraud, factors which cause fraud in the workplace, how businesses can protect their assets, and common computer‐based frauds, techniques, and controls are presented.

Abstract

Organizations today are more susceptible to computer crime and employee fraud than ever before. This paper presents some statistics about the growth on fraud, factors which cause fraud in the workplace, how businesses can protect their assets, and common computer‐based frauds, techniques, and controls. Managers of all types of organizations need to be knowledgeable about their internal control system, and make sure it has sufficient checks and balances to ward against employees committing fraudulent acts. No organization is immune today from both external and internal threats to the safety and security of their data and information. Therefore, it is imperative that managers understand the problems that fraud can cause and how they can protect the organization.