Is fraud on the rise, or just our awareness of it? That is what we set out to learn in PwC’s 2018 Global Economic Crime and Fraud Study. The full study received input from more than 7,000 respondents across 120+ territories, with more than 200 clients and third-party participants in the automotive industry. A majority of our respondents said they have been targeted by malware and phishing scams in recent years, leading to an expectation that cybercrime will continue to be the largest threat to the automotive industry. This is all for good reason, as one wrong click on a computer, a misused password or opening an unknown email can derail an entire network. Here are some of the takeaways from this year’s study:
Digesting all of this information, what does it mean and what can you do? Here are four steps automotive organizations can take to fight future fraud:
Click to access the automotive industry findings from PwC’s 2018 Global Economic Crime and Fraud Survey.