In a true sign of the times, companies participating in this year’s Global Fraud Survey reported that information theft is now the most common form of fraud. With 27% of companies reporting incidents within the past year, the theft of information surpassed the theft of physical property for the first time in the four-year history of the Survey. Some industry sectors were particularly hard hit, foremost among them financial services (42%, up from 23% the previous year), professional services (40%, up from 23%), and Technology, Media and Telecoms (37%, up from 15%). And while companies clearly recognize the increasing severity of the problem, to some extent they feel unprepared to deal with it: 77% of respondents believe that their companies are vulnerable to information theft.
Source: Kroll information and Security
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