Banks around the world are cutting jobs and salaries as a result of lost revenue and unstable stock prices. Economic pressures and anticipated layoffs and salary reductions always lead to increases in insider or internal fraud. Banks are aware of those risks, and often structure their layoff practices in ways to prevent employees from retaliating. Even though banks have steps and technology in place, it’s easy for insiders to get around some of this. Internal fraud has taken on new forms: Rather than embezzling, some insiders merely steal and sell valuable accountholder information.”]
Source: https://www.bankinfosecurity.com/insider-fraud-are-you-at-risk-a-4006