Risk Management and Financial Fraud Prevention Through Information Systems
Ms. Nisha Pandey, Ms. Deep Shikha Bohra · 2025
Dealing with risk and preventing financial fraud is crucial for any organization to remain sustainable and do well in the current business environment. Every business dealing with operations, selling goods or even online activities must watch out for disruptions, changes in the market, hacking and fraud, as they may lead to major financial and reputational losses. You should spot possible risks, determine their chances of occurring and what damage they could do and put in controls to prevent them. In particular, financial fraud is a major problem since those who commit it always adjust their methods to use both technological and psychological weaknesses. As a result, organizations should implement tough frameworks to secure their belongings