Risk & Security Security

Half of UK Firms Hit by Cyber-Related Fraud in Past Two Years

Nearly half of UK organizations (49%) have suffered from cyber-related fraud in the past two years, according to the latest research from PwC.

Nearly half of UK organizations (49%) have suffered from cyber-related fraud in the past two years, according to the latest research from PwC.

Posted on InfoSecurity | By Phil Muncaster


The global consulting firm polled over 7200 business decision makers to compile its Global Economic Crime & Fraud Survey.

The research is slightly unusual in that it approaches cybercrime in the context of it being a source of fraud. As such, it ranks highest, above others in the top five: asset misappropriation (32%), procurement fraud (23%), bribery and corruption (23%) and business misconduct (21%).

PwC claims UK is major global target for foreign attackers

Read entire article Half of UK Firms Hit by Cyber-Related Fraud in Past Two Years | InfoSecurity

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