Technological Influence on the Increasing Complexity of Occupational Fraud and Abuse

1776 Words8 Pages
Abstract Technological resources are becoming more and more widespread in both complexity and availability. Cellular phones, pagers, home computers, the Internet, websites, smartphones, security systems and other technological wonders are more predominant today than ever before seen. With this increased predominance, new forms of occupational fraud and abuse have evolved to take advantage of these technological resources. “Emerging technology offers new potential tools to commit old crimes such as money laundering and fraud” (CISC, 2010). “The increasing ease with which sophisticated technological tools can be used allows any person with basic computer knowledge to use them to facilitate criminal activities” (CISC, 2010). With this paper we intend to discuss the current level of understanding regarding the increase of the influence of technology in occupational fraud and abuse, both internally and externally initiated. Keywords: Fraud, Computer, Computer Fraud, Computer Crime, Fraud Deterrence, Fraud Prevention, IT Security, Electronic Crime Technological Influence on the Increasing Complexity of Occupational Fraud and Abuse Occupational fraud and abuse can be defined as “the use of one’s occupation for personal enrichment through the deliberate misuse or misapplication of the employing organization’s resources or assets” (Wells, 1997, p. 3). As more people use technology, criminals, including employees, also use it to their advantage and are able to not only view it as a source of income, but see it as a template for increasing their criminal activities. Many business and their employees are unaware of how easily fraud can be perpetrated, how their own managers and employees can take advantage of loopholes in technologically based security measures. Businesses that do not consider security from the inception of their business plans and strategies are

More about Technological Influence on the Increasing Complexity of Occupational Fraud and Abuse

Open Document