Fraud: Threatening to Sink Business ; Fraud Is Here to Stay and No One Is Safe, Warns Matthew Hammond, Partner with Pwc in Birmingham

Summary


Fraud continues to be a major threat to UK business. More than half of businesses have been victims of economic crime.

With increasing levels of online business activity and a greater dependency on IT, the business world now must brace itself to deal with increasingly sophisticated kinds of fraud.

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Extract


Fraud: Threatening to Sink Business ; Fraud Is Here to Stay and No One Is Safe, Warns Matthew Hammond, Partner with Pwc in Birmingham

The nature of such crime, however, is changing. The proliferation of the internet, and more sophisticated every-day electronic items such as mobile phones with memory cards and iPods, has added a new dimension to the nature of c...

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