“Companies facing significant increase in fraud risk from cyber breaches” highlights EY Survey
According to EY’s 2016 Global Forensic Data Analytics Survey, cyber breaches and insider threats (which include malicious employees stealing, manipulating or destroying data) are the fastest-growing risks for UK businesses. Data visualisation tools are now rising in prominence.
The survey was conducted with 665 executives globally across nine industry sectors, including financial services, life sciences, manufacturing and power and utilities.
In the UK, the survey asked 66 respondents to outline their biggest concerns around fraud and corruption. 83% of respondents – the highest percentage globally – felt that cyber breaches and insider threats posed the fastest-growing fraud risk to their company.