How banks tackle the tricks of the trade. (preventing bank fraud)

No area of the banking system is immune from fraudsters – not even the security team designed to prevent them.

For the successful fraudster, the rewards can be enormous and the risks small. Even if caught the chances of being publicly punished are remote. Some have even received work devising security systems for those they have sought to defraud.

The most vulnerable institutions are those going through an internal upheaval, so particularly susceptible at present are those with incompatible computer systems involved in Big Bang marriages.