The Fraud Triangle: Pressure, Opportunity, Rationalization in the Digital Age
Manage episode 495252490 series 3658784
The episode explores Cressey's Fraud Triangle, a fundamental model explaining the motivations behind fraudulent acts through three interconnected elements: pressure, opportunity, and rationalisation. It highlights how these elements have evolved in the digital age, with modern pressures including gig economy precarity and unrealistic corporate targets, and opportunities amplified by AI, remote work, and systemic weaknesses. The text details various rationalisation techniques used by individuals to justify their actions, such as feeling entitled or believing no one is harmed. Through case studies, it demonstrates the Triangle's universal applicability and concludes by advocating for comprehensive prevention strategies that target all three elements, emphasising robust controls, supportive work environments, and strong ethical leadership.
17 episodes