With the advent of computers, cybercrime and Internet frauds are increasing in frequency and in size. The trend is likely to continue. Cybercrimes are described as activities in which a computer or network of computers are an integral part of a crime.
For this assignment, research the Internet or Strayer databases and identify an organization that was a victim of cybercrime.
Write a four to five (4-5) page paper in which you:
Based on your research, identify and assess the fraud that occurred in the organization, as well as the impact that the fraud had on the corporation’s investors and creditors.
- Suggest how a financial forensic investigation could have detected fraud in the organization that you researched. Consider the risk factors, the elements of fraud, and the analysis of competing hypotheses.
- Asses the economic losses that occurred at the organization you researched and recommend a plan of action for the company to restore any economic losses.
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