Fraud has been identified as the major cause of distress and unprogressive nature of most business organisation in the country. Even though,
there are intelligent people who work round the clock to fault the system; but there are more intelligent people who build on fraud check devices
hence the computer.
It is the aim of this study to find out the role of computer in fraud detection and prevention in business organization (A Case study of First Bank of
Nigeria Plc.) The work has five chapters, chapter one contain the body of the topic which included the problems studied, why the study was
carried out and the definition ofterms.
An extensive review of related literature on computer as it relates computer crime, types, Computer fraud, Types, role of Computer in fraud
detection and prevention are highlighted in chaptertwo.
Chapter three dealt with the design of the study, the methods used in the distribution and collection of the questionnaires and the treatment of
The data got fromthe research survey were analyzed interpreted and the hypothesis tested in chapterfour.
Finally,the summary of findings, conclusion on the research and recommendation are all in chapterfive.
If Banks and other business organisations in the country would put the findings and recommendations to use,the incessant incidence of fraud will
not only be detected and prevented but the customers will be satisfied with the services, which will bring a continuos increase in profit there by
making the problemofthe banks a thing ofthe past.
The computer machine and computer technologies are both human oriented.
Though, the computer is brilliant and intelligent, it cannot compete with human. This is to say that the computer technology excellence of
intelligence is desirable from the human elements that interact with the system and technology to make it work. It is whatever this human
elements commends the computer to do that is does. Computer is absolutely harmless except it is imbued with the tendency to harm.
Computer is basically defined as an electronic machine which accepts data form an input devices, perform arithmetic and logic
operations in accordance with defined data and finally transfer the processed data to an output device through the central processing unit
(CPU) either for further processing or to be produced as a final result.
Computer technology has come to be accepted as an indispensable in novation if fraud detection and prevention in the banking
Fraud has for a long time now remained the cancer-warm that is biting hard on the back bone of banking industry. The eect of this
phenomenon has led to the liquidation of many banks in Nigeria.
It has been the major cause of the ugly development in our Banking industry now refereed to as ‘DISTRESS’
The development which records high occurrence of our banks has caused a big question mark on the credibility of Nigerian in both
with and outside the country. The need to combat the double –headed monster by all means gave rise to the issue of cultiviatism of the
banking industry especially in the areas susceptible to fraud.
BACKGROUND OF THE STUDY
Since 1986 when structural adjustment programme was introduced, the banking business changed. As the number of branches grow
form sixty five in 1985 to one hundred and fiy five in 1994, the techniques of delivering bank services changes.
In November 1990, societe general Bank launched their first Acitomated teller machine (ATM) with trade name SGBN’S Aim’s cash point
- The followed by first bank of Nigeria Plc in December 1991 with their ATM called “First cash” located in six branches in Lagos.
The House journal of first Bank of Nigeria (1991) aimed that prior to AIM, other forms of electronic banking existed notable among which
were computers. The computerization of Enugu (Main) branches in April, 1989 and also the recent introduction of local Area network
(LAWS) or the 26th of October, 1999 and the Re-engineering projects which will usher in the wide Area net work (WAN) before the next