$$John Doe used his own personal devices and specialized software to prepare fictitious invoices for his company that he then used the company$$s Electronic Data Interchange $($EDI$)$ system to transmit phony invoices to arbitrary businesses across the United States. He kept the dollar amount on each invoice less than $$100$ and he was extremely shocked to learn that most business across the nation paid his fictitious invoices without questions $$ probably because many of them automatically pay vendor invoices for a very small amount$$

Required:

$1.$ Explain the term Electronica Data Exchange $($EDI$).$

$2.$ Discuss the type of fraud involved in this case. Explain how a business could be the victim of this type of fraud.

$3.$ Describe the possible IT controls and other controls that those businesses should$$ve had in place to mitigate this fraud.