Fraud Risk Assessment: A Tale of the Possible Corporate Executive Fraud and the Perceived Cyber-Security
Geetha A Rubasundram

Geetha A Rubasundram, School of Accounting & Finance, Asia Pacific University, Malaysia.
Manuscript received on 05 February 2019 | Revised Manuscript received on 11 February 2019 | Manuscript Published on 19 February 2019 | PP: 164-168 | Volume-7 Issue-5S January 2019 | Retrieval Number: ES2142017519/19©BEIESP
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Abstract: Cyber-security is the body of technologies, processes, and practices designed to protect networks, computers, programs, and data from attack, damage, or unauthorized access. However, the dilemma arises when the attack comes from within the organization (an insider), especially from Corporate Executives with authority. Recent cases of fraud have reflected the perceived ethical environment and values as being misleading, with stakeholders being taken for a ride by Corporate Executives who often have the capability of appearing to be dynamic, charming and adding value for the organization. The Corporate Executive reflects the typical white-collar tendency: successful, reputational with everything to lose in the event of the fraud being discovered. The methodology used is Action Research, with the researcher carrying out a pro-active Fraud Risk Assessment to investigate the perceived strength of the cyber security and relevant Information Systems, especially with the risk of collaboration between the Corporate Executive, other employees and vendors.
Keywords: Corporate Executive Fraud, Cyber-security, Collaborative Fraud, Digital Evidence, Fraud Risk Assessment.
Scope of the Article: Plant Cyber Security