Fraud and economic crime are threats that can strike any organisation regardless of size or industry. Malaysian Crime Statistics 2018,shows that 69% of Malaysian companies report being victim to Corporate fraud, 89% reported being victims of Financial fraud of which 39% of fraud was committed by Senior Management. Fraud and economic crime occur all too often, and it is discovered till its too late. In some cases its damage is irreversible, that’s because fraud does more than impact the bottom line. The damage to your reputation, shareholder trust and employee morale not to mention the costs of enforcement and litigation can be significant and lasting.
