PwC: Global Economic Crime and Fraud Survey 2018 – Czech results: Only 30% of survey respondents use modern technologies to combat fraud
Is economic crime decreasing?
In comparison with our previous Surveys, it appears as if incidents of fraud at the Czech respondents were decreasing. 33% this year, compared to 35% in 2016 and 48% in 2014.
This is contradicting the CEE and global results that show incidents of fraud reported by the respondents have risen from 33% and 36% in 2016 to 47% and 49% in 2018, respectively.
Similar to the results from our previous Survey, asset misappropriation represents 50% of all reported fraud cases. Followed by consumer fraud (38%), procurement fraud (29%) and cybercrime (25%).
In third place both globally and in second in the Czech Republic is fraud committed by the consumer, the first time that survey respondents had the opportunity to include this type of economic crime as an answer.
33% of Czech respondents experienced economic crime in the last 2 years
42% of the affected companies experienced direct losses exceeding USD 50,000
Only 30% of survey respondents use modern technologies to combat fraud
41% Czech respondents were targeted by phishing attack
Download full report in English and Czech.
Image/Source: PwC Czech Republic