From the November 2011 issue of Treasury & Risk magazine

Fraud Fears Increase

Executives' concerns rise even though number of incidents declines.

Companies’ concerns about fraud are rising even though the number of incidents declined over the last year, according to a Kroll survey of more than 1,200 senior executives worldwide.

Half of the executives surveyed say their companies are highly or moderately vulnerable to information theft, up from 38% in 2010, while 47% cite a high or moderately high vulnerability to corruption and bribery, up from 38%, and 46% cite the theft of physical assets, up from 34%. The survey shows, though, that just three-quarters of the companies experienced some type of fraud over the last year, down from 88% in 2010.

Comments

Advertisement. Closing in 15 seconds.