Report Says One Third of Global Firms Now Hit by Cybercrime
Economic crime is on the rise, with cybercrime affecting almost a third of global businesses, according to a survey by PwC.
The PwC Global Economic Crime Survey 2016 said that while the marginal decline in economic crime reported overall, the financial cost of each fraud is on the rise. 1It reported that 4% of respondents experienced losses of more than $1 million in the last two years.