Categories: asset misappropriation

26 February 2016 06:00

​Cybercrime rises sharply from 15% to 43% to become the second most prevalent economic crime in Singapore reveals PwC’s 2016 Global Economic Crime Survey

Date26 February 2016
ContactCandy Li
Tel: +65 6236 7429
Mobile: +65 8613 8820
E-mail: candy.yt.li@sg.pwc.com

Natalie Choo
Tel: +65 6236 4309
Mobile: +65 9738 1415
E-mail: natalie.yl.choo@sg.pwc.com
With more than 1 in 5 organisations in Singapore reporting being victims of economic crime, it remains an obstinate threat.Increase in money laundering incidents ref

26 February 2014 13:00

PwC Survey Finds that 24% of Singapore-based Companies have Fallen Victim to Economic Crime in the Last Two Years

Economic crime against businesses continues to rise globally. Some 24% of Singapore respondents say they have been victims of economic crime, according to the Singapore edition of PwC's 2014 Global Economic Crime Survey. 80% of Singapore-based companies experiencing economic crime encountered asset misappropriation, 15% fell victim to cybercrime and 15% experienced bribery and corruption.