UK Firms Second Biggest Victims Of Fraud Globally

Thursday, 19th January 2017 at 5:57pm

As reported on the Economia website, British companies have reported more incidences of fraud and cyber crime than any other country in the world, behind only Colombia.

According to Kroll’s Global Fraud and Risk Report, the most common types of fraud in the UK were theft of physical assets and the misappropriation of funds, with most fraudsters coming from inside the company.

In the report, almost half (41%) of executives said that junior employees were the biggest threat, followed by senior or middle management employees (32%) and ex-employees (30%).

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