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Bank's Collection employee reports to his supervisor that his bag of cash was stolen by...

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Accounting

Bank's Collection employee reports to his supervisor that his bag of cash was stolen by miscreants when he was on his way to branch. This bag contained repayment amount belonging to several customers. After a month it was discovered that the robbery was orchestrated and the miscreants were accomplice of the collection employee who reported the event. You are the Operational Risk Manager for the bank, please indicate which loss event category would you choose in light of this new information. Employment Practices and Workplace Safety > Execution Delivery and Process Management Employment Practices and Workplace Safety > Clients Products and Business Practices External Fraud > Internal fraud Employment Practices and Workplace Safety > Internal fraud ducind Rank

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