ENTREPRENEURSHIP

Detailed explanation-1: -Fraud and theft are the most common operational risk areas that cost owners millions of dollars each year. There are many types of fraud and theft that should be considered when conducting an operational risk assessment and preparing a risk management plan.

Detailed explanation-2: -What Is Credit Card Fraud? Credit card fraud is a form of identity theft where criminals make purchases or obtain cash advances in your name. This can be with an existing account, via theft of your physical credit card or your account numbers and PINs, or by opening new credit card accounts in your name.