OpRisk Europe: Fairness fights fraud, conference told

Firms can mitigate the risk of employee fraud by paying attention to their infrastructure and culture and also to the employees themselves, according to psychologist Adrian Furnham

Dysfunctional organisations cause fraud, says a psychologist

Fair and open infrastructures are the best protection against internal fraud, psychologist Adrian Furnham told the OpRisk Europe conference in London on June 9. Furnham, a professor of psychology at University College London, explained: "Fraud is caused by dysfunctional organisations. One of the issues is management policies and the way in which they're introduced." This can lead to embitterment, which is often a contributing factor to fraud, he said.

Recruiting the right people can also go some