Problem:
The Insider Threat: Why do employees steal? Discuss the Theft triangle. Write a 2 page paper, double spaced response to this question. Address the three sides of the theft triangle and the significance of each.
In addition to motivation, opportunity and lack of detection other things that contribute to theft are prevention like Surprise audit, inventory check, and bank reconciliation, noticeable change in the behavior of the employee, extravagance and spending behavior, checking of bank statements, deposit in the account.
People are afraid of unknown on being caught rather than the punishment.;
Ironically, there are many an unintentional thieves who view their action as a right rather than as crime. In this group fall even the senior managers or executives who do not mind lifting office stationery for use at home. This kind of pilfering runs into millions if a proper* cost accounting / audit is done by the organization. They do not view it as a theft or do it intentionally just assume it to be their right by virtue of their position and further that they require these items for working at home at late hours or on weekends or holidays.
No background check of the new applicant for the job.
Proper installation of modern theft detection gadgets helps catch the thief in the act. Cautious security staff should be alert and keep an eye on every person moving around. Plain clothes staff can easily mingle with crowd like any other common man pretending to be a customer and catch the thief in act.