Internal Fraud Levels in UK Worse Than Global Average

A recent Kroll survey has revealed that, although 38 percent of United Kingdom businesses experienced internal fraud, nearly one in four business leaders did not view fraud as a risk priority. The report indicated that senior management not taking the issue seriously enough could be part of the problem, with a third of respondents saying there was no clear message from the top of their organisations that integrity, compliance, and accountability were important. Data theft, however, was determined to be the highest of any risk, likely due to the newly implemented General Data Protection Regulation (GDPR) guidelines.  And finally, technology remains an issue for 68 percent of business leaders who see disruptions caused by AI or other technologies as a significant future risk.

 

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Post By Ken Shafton (2,372 Posts)