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The Fraud Triangle: Pressure, Opportunity, Rationalization in the Digital Age

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Manage episode 495252490 series 3658784
Content provided by Vijay Giri. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vijay Giri or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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.

  continue reading

17 episodes

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iconShare
 
Manage episode 495252490 series 3658784
Content provided by Vijay Giri. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vijay Giri or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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.

  continue reading

17 episodes

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