of Canadian respondents say they’ve been a victim of economic crime—up from 37% in 2016
of respondents expect cybercrime to be the most disruptive economic crime on their business in the next 24 months
of respondents said losses from the most disruptive frauds they experienced could reach $US 1M
of all frauds are perpetrated by people inside the organization
Our 2018 Global Economic Crime and Fraud Survey shows economic crime is up, with 55% of Canadian respondents experiencing an incident of economic crime in the past 24 months. But what about the other 45%? Have they avoided falling victim—or are they simply unaware they have?
Fraud hides in the shadows, so a perpetrator’s most powerful weapon is a lack of awareness within organizations. It’s time for businesses to recognize the true nature of the threat: not as just a nuisance or cost of doing business but as a shadow industry with tentacles in every country, sector and function.