Exam 11: Security, Fraud, and Ethics

Spam is a slang term for something that is fraudulent or a swindle.

Banks lose more money from fraud than from robbery.

A(n) ____________________ dilemma involves a situation that makes a person question what is the right or wrong thing to do.

Most banks do not allow employees to accept gifts or money to influence their performance of duties.

Describe two distinct ways websites can be used for identity theft.

How should surveillance cameras be positioned in a bank for maximum effectiveness?

Define ?ethics.

A bill ____________________ is a device that sets off a security system when a bill or switch is pulled.

Jerry's Garage accepted $700 in counterfeit bills for a repair job. The company's insurance policy covers losses from counterfeit money up to $1,000 with a $250 deductible. What is the out-of-pocket loss experienced by Jerry's Garage?

Financial institutions lose billions of dollars every year because of money laundering.