Global Economic Crime Survey 2016
Adjusting the Lens on Economic Crime: Preparation brings opportunity back into focus
The PwC Global Economic Crime Survey 2016 interviewed over 6000 participants in 115 countries. Despite the marginal decline in economic crime reported overall, the financial cost of each fraud is on the rise. 14% of respondents experienced losses of more than $1m in the last two years.
Key findings
- Organisations’ fears of cybercrime reach highest level in six years
- Employee morale suffers greatest organisational damage as a result of economic crime
- 44% of organisations believe local law enforcement are not adequately trained and resourced for economic crime
- More than one in three organisations (36%) experienced economic crime in the last two years, with cybercrime affecting almost a third (32%), the highest ever level in PwC’s biennial survey of Global Economic Crime
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