Due Diligence in ICT Management and Controls Crucial in Detection of Fraud
Course Synopsis
In today’s highly digital and interconnected environment, organizations increasingly rely on Information and Communication Technology (ICT) systems to manage operations, financial transactions, procurement activities, strategic decision-making, and sensitive organizational data. While digital transformation enhances efficiency and connectivity, it also exposes organizations to significant risks of cyber fraud, data manipulation, unauthorized access, procurement irregularities, financial leakages, and governance failures.
Weak ICT governance, inadequate system controls, poor cybersecurity practices, and ineffective oversight mechanisms have contributed to major fraud cases and operational disruptions globally. Fraud perpetrators increasingly exploit weaknesses in ICT systems.