INVESTIGATION COSTS JUMP AS OVER 80% OF COMPANIES HIT SIGNIFICANTLY BY FRAUD
May 26th, 2022
The costs of investigating fraud have increased over the past three years, according to 79% of respondents to a global survey, with 26% overall and 49% of companies with a turnover of more than USD15 billion seeing this increase as significant, said risk assessment specialists Kroll. The second volume of its Global Fraud and Risk Report (1) said that faced with “unprecedented challenges” over the last two years caused by the Covid-19 pandemic and increasingly complex supply chains, 82% of respondents said their organisations had been significantly impacted by ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.