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by Jan Duffy

Salami Slicing

News
Mar 24, 20031 min
CSO and CISOData and Information Security

An embezzling method that involves removing extremely small increments of money from financial accounts on a system. This is usually done by rounding down decimal places and shuttling the tiny remainder to a ghost account. Done on a frequent enough timetable, large amounts of money can be amassed quickly. This type of fraud is difficult to detect.