This session will explore a centrepiece CEO fraud case. Germany's export-focused SMEs (German Mittelstand) have suffered substantial financial and reputational losses due to this phenomenon. However, organisations across Europe, in particular in the U.K. and Iceland, have also been affected. This session will provide a risk-based assessment of a corporate culture subject to specific constraints. It will present internal controls in combination with effective techniques, aiming at prevention of losses subsequent to misconduct and fraud risk.
You Will Learn How To:
- Discuss the interface among social engineering, contemporary cyberfraud and corporate culture
- Improve fraud prevention by leveraging interdepartmental intelligence to identify red flags
- Assess the inherent risk of inadequate internal controls in the context of a culture of fear and how to improve them
Recommended Prerequisite: Some knowledge of corporate culture, organisational structure and internal controls in small to medium enterprises
Field of Study: Specialised Knowledge