- Image by mie_journal via Flickr
Fraud-related losses rose 20 percent to $1.7 billion in the past year, Kroll study says
Incidence of theft of information and electronic data at global companies has overtaken physical theft for the first time, according to a study released yesterday.
According to the latest edition of the Kroll Annual Global Fraud Report, the amount lost by businesses to fraud rose from $1.4 million to $1.7 million per $1 billion of sales in the past 12 months — an increase of more than 20 percent.
The findings are the result of a study commissioned by Kroll and conducted by the Economist Intelligence Unit, which surveyed more than 800 senior executives worldwide.
To read more: Incidence Of Cybertheft Surpasses Incidence Of Physical Theft
Related articles
- Information Theft at Global Companies Surpasses All Other Forms of Fraud for First Time (eon.businesswire.com)
- Electronic Theft Now Bigger Problem Than Physical Theft: Survey (dailyfinance.com)
October 27th, 2010 6:06 am
[…] Incidence Of Cybertheft Surpasses Incidence Of Physical Theft (deurainfosec.com) […]