
Corporate governance demands a robust corporate culture that rejects all forms of unethical conduct, fraud and corruption which damage corporate finances, reputation, investor confidence and share values. Prevalent attitudes and behaviour throughout the organisation spread from the top. The "people' risks" that threaten corporate integrity also threaten corporate security and therefore the interests of the owners, shareholders and other stakeholders. This often leads to a variety of uncontrolled risks, such as fraud, IT abuse, corruption, intellectual property theft, compromised decision-making, endangered personnel and major theft. The array of threats encompasses:
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“The only good thing about hiding losses from these people was that it was so easy”Nick Leeson, ‘Rogue Trader’ 1996
“He used $millions of investors’ funds to pay his personal expenses and support his lavish international lifestyle”United States SEC statement on an alleged fraudster operating in Asia.