Economic crime in a downturn:
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RussiaThe survey of more than 3,000 respondents in 54 countries, including 86 respondents from Russia, is the most comprehensive study of its kind, and was conducted by PricewaterhouseCoopers in conjunction with the INSEAD business school. The survey found that 71% of Russian respondents had experienced some form of economic crime during the last 12 months. This is a 12 percentage point increase compared to our last Economic Crime Survey in 2007 (59%). 43% of those said that the cost of fraud had increased since this time last year. The current economic climate has affected individuals’ view on fraud risks, with 51% of respondents reporting that they believe their organisation currently faces a greater risk of economic crime. 86% cited heightened incentive or pressure to commit fraud. |
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