A new report from professional services firm PricewaterhouseCoopers, launched at an event at PwC’s New York headquarters Wednesday, reveals that global economic crime poses a growing legal and financial threat to businesses—and the potential for criminal activity online is only expanding the danger. More than one in three respondents to PwC’s 2014 Global Economic Crime Survey revealed that their organizations have been victimized by economic crime.
“Economic crime is very much still in our midst.” Sandee Parrado, a partner at PwC, told the audience at the launch event. “It is a persistent threat, it’s a global issue, no industry is immune, and it impacts all manners of organizations and businesses, whether large or small.”
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