Globally, over 80% of successful major frauds are perpetuated by top executives who ironically had the duty to supervise employees, hence the paradox of 'saving meat in the mouths of cats' A sound banking system is necessary for the effective functioning of the financial sector and for achieving good economic growth. The banking industry has experienced phenomenal growth in recent years. This growth is however associated with increasingly complex scams and frauds that hurt banks and their customers. Scams and frauds are ...
Read More
Globally, over 80% of successful major frauds are perpetuated by top executives who ironically had the duty to supervise employees, hence the paradox of 'saving meat in the mouths of cats' A sound banking system is necessary for the effective functioning of the financial sector and for achieving good economic growth. The banking industry has experienced phenomenal growth in recent years. This growth is however associated with increasingly complex scams and frauds that hurt banks and their customers. Scams and frauds are better prevented than stopped. Hence it is proposed here, among other measures, that: (1) customers and staff be trained regularly on early warning signs of scams/frauds; (2) the functions and oversight roles of top executives, and key IT and audit staff is switched regularly; and (3) regular forensic survey is conducted to determine the fraud/scam threats posed by employees and top executives, and the outcomes acted upon as soon as possible. Although banks can't be 100% secure against unknown threats, a certain level of preparedness will go a long way in countering scam/fraud risks. Prof. Essia is an economist with several years of teaching, research, and consulting experience. He has authored several books and scholarly articles. Dr. Ehiwario holds a Ph.D. in banking and risk management. An excellent audit, fraud & risk management expert, he has worked for high-profile private and public organizations in the UK and Nigeria.
Read Less
Add this copy of Prevent Scamming and Bank Fraud: Governance, Risk to cart. $14.49, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Independently Published.
Add this copy of Prevent Scamming and Bank Fraud: Governance, Risk to cart. $18.45, like new condition, Sold by GreatBookPrices rated 4.0 out of 5 stars, ships from Columbia, MD, UNITED STATES, published 2022 by Independently Published.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Fine. Trade paperback (US). Glued binding. 196 p. Governance, Risk Management, and Compliance (Grc). In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Add this copy of Prevent Scamming and Bank Fraud: Governance, Risk to cart. $18.64, new condition, Sold by GreatBookPrices rated 4.0 out of 5 stars, ships from Columbia, MD, UNITED STATES, published 2022 by Independently Published.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. Trade paperback (US). Glued binding. 196 p. Governance, Risk Management, and Compliance (Grc). In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
