unfortunately computer related frauds have become a major concern the average comput 691567

Unfortunately, computer related frauds have become a major concern. The average computer fraud loss is $650,000, compared with an average loss of only $19,000 resulting from other types of white collar crime. Computer fraud can be perpetrated almost invisibly and with electronic speed. Psychologically, stealing with impersonal computer tools can seem far less criminal to some people. Therefore, the moral threshold to commit computer fraud is lower than that for fraud involving person to person contact. Preventing and detecting computer fraud represent a major challenge. One of the best ways for a company to minimize the likelihood of computer fraud is to have a good system of internal control that allows the benefits of computerization to be gained without opening the possibility for rampant fraud. Is a computer capable of committing fraud? Discus