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Discuss the fraud triangle and hacking

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Reference no: EM132450013 , Length: word count :- 200

The Fraud Triangle and Hacking

  • The fraud triangle exists when three elements are in place at a business - opportunity, pressure, and rationalization. Opportunity for fraud is usually present in organizations with weak (or few) internal controls. Pressure to commit fraud may come from outside sources (i.e. the boss wants to make sure EPS meets investor expectations) or could be internally driven (i.e. a person that has personal financial troubles). Once these first two elements are in place, a fraudster will commit fraud if they can rationalize it to themselves.

Question 1: What motives do people have for hacking? Why has it become so popular in recent years?

  • PLEASE POST 200 WORDS WITH REFERENCES

 

Reference no: EM132450013

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