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Temat: Nearly half of companies fall prey to financial crime

Nearly half of companies fall prey to financial crime

Almost one out of two large global companies experienced some form of fraud, theft, money laundering or other financial crime in the past year, according to a new report.


The report, from Thomson Reuters surveyed more than 2,300 senior business leaders and found that 47 percent of them admitted their organization had experienced at least one incident of financial crime in the past 12 months. The respondents cited cybercrime and fraud as the most common financial crimes. The companies estimated a total aggregated loss of $1.45 trillion, or approximately 3.5 percent of their global turnover.

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