EY Identifies Top Fraud and Corruption Trends for 2016
EY Fraud Investigation & Dispute Services (FIDS) announced top fraud and corruption trends for 2016, which include a dramatic rise in geopolitical instability and persistent cyber-attacks that are pushing organizations to be more vigilant about planning to guard against, and respond to, internal and external threat actors.
New guidance for prosecutors from the United States Department of Justice (DoJ) in the form of the Yates Memorandum, as well as the ongoing protection provided to whistleblowers, suggest that law enforcement and regulators will play a bigger role as an integrity gatekeeper. Meanwhile, renewed interest in data privacy in Europe is forcing organizations to revisit their strategies for information governance.