UniCredit's Alleged $15 Million Embezzlement

UniCredit's Alleged $15 Million Embezzlement

Assessment

Interactive Video

Business

University

Hard

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The video discusses a case of internal human security breach where an employee in China exploited password vulnerabilities to embezzle 100 million yuan over three years. His motive was to invest in real estate globally, intending to flip properties and return the money, effectively running a failed Ponzi scheme. This incident raises concerns about the effectiveness of internal protocols in financial institutions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total amount of money allegedly taken by the employee in China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the employee's intention behind taking the money?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the employee plan to use the money he took?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What type of scheme did the employee's actions resemble?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does this case raise about internal protocols in banks?

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