The ‘Big Five Frauds’ affecting local businesses are theft (70 per cent); procurement fraud (19 per cent); bribery and corruption (15 per cent); human resources fraud (15 per cent); and cybercrime (11 per cent), says PwC in its 2014 Global Economic Crime Survey.
How to spot the culprits? PwC says the typical New Zealand fraudster is aged 31 to 40 (32 per cent), male (58 per cent), educated to high school level or less (47 per cent), and has been with the company for five years or less (74 per cent).
Next: How does New Zealand compare with Australia, globally?
Join the CIO New Zealand group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.