Russian economic crime survey 2018

About the survey 

We are pleased to present the results of the 2018 Economic Crime Survey in Russia. The results are based on the responses submitted by the Russian participants in the Global Economic Crime Survey conducted by PwC.

More than 7,000 respondents from 123 countries, including representatives of 210 Russian companies, took part in the Global Survey.

Since 1999, the purpose of the survey is to seek respondents' views on economic crime in general, on its causes, methods of detection and prevention, and consequences of economic crime.

There has been a dramatic increase in the level of fraud reported globally and in Russia. The risk of fraud is a very real threat to all organisations. Addressing this risk has become a strategic priority.

Economic crime trends

  • Asset misappropriation remains the most common type of economic crime in Russia and global. Bribery and corruption is now the second most common type of fraud, and the third most common type - the fraud in the procurement sphere.
  • 66% of Russian respondents reported being victims of economic crime.
  • 61% of respondents have conducted a general fraud risk assessment.

 

Negative consequences of economic crimes

  • 22% respondents in Russia, who was a victim of economic crime lost more than USD 1 million.
  • 50% pointed out that the most significant non-financial consequence from the most disruptive economic crime over the past two years was its negative impact on the moral.

Economic crimes prevention

  • 61% of respondents have conducted a general fraud risk assessment.
  • 56% of fraud cases in Russia were detected through corporate controls.
  • 21% of fraud cases in Russia were identified through corporate culture.

 

Cybercrime

  • 24% of respondents said they had experienced a cybercrime attack in the last 24 months.
  • 11% of Russian respondents have named cybercrime as potentially the most disruptive.
  • Disrupting business processes is the most common type of fraud or economic crime perpetrated through cyber-attacks in Russia.

 

Contact us

Irina Novikova

Partner, Forensics Services, PwC Russia

Tel: +7 (495) 232 5735

Anton Ulyakin

Manager, Forensics Services, PwC Russia

Tel: +7 (495( 967 6000

Roy Muller

Partner, Forensics Services, PwC Russia

Tel: +7 (495) 967 6078

Andrew Wood

Manager, Forensics Services, PwC Russia

Tel: +7 (495) 967 6000

Tatiana Vostrova

Director, Forensics Services, PwC Russia

Tel: + 7 (495) 223 5086

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