Accountability in EDI Systems to Prevent Employee Fraud

Abstract

The technology associated with EDI (electronic data interchange) is decades old, but new fraud concerns due to the connectivity of the Internet and the accuracy of automatic identification and data capture (AIDC) delivery technologies have increased the interest in EDI safeguards and EDI's numerous vulnerabilities. As new technologies and software applications are supplanting traditional EDI applications, spyware and other technologies that facilitate computer-based fraud endanger the EDI framework that most financial transactions are based on today. In addition, smaller companies are also implementing EDI technologies for the first time.