Canadian Cybercrime & Fraud Rising Says PWC

By

New research from PricewaterhouseCoopers claims to show that economic crime, and cybercrime in particular, are rising in Canada.

The report confirms previous research in the US market, but this is one of the first looking at the Canadian business marketplace.

PwC says that more than a third of Canadian companies have been hit by fraud in the last two years, a figure that is much higher than in previous surveys.

The research shows that almost half of the 100 companies surveyed are the victims of economic crime, including product piracy (19 per cent), cybercrime (15 per cent) and industrial espionage (7 per cent).

The report adds that misappropriation of assets is the top crime at 60 per cent, by many of these incidents also involved the use of electronic data.

Web... www.pwcglobal.com


Got a news tip for our journalists? Share it with us anonymously here.
Copyright © SC Magazine, US edition
Tags:

Most Read Articles

India's alarm over Chinese spying rocks CCTV makers

India's alarm over Chinese spying rocks CCTV makers

Woolworths' CSO is Optus-bound

Woolworths' CSO is Optus-bound

Hackers abuse modified Salesforce app to steal data, extort companies

Hackers abuse modified Salesforce app to steal data, extort companies

Cyber companies hope to untangle weird hacker codenames

Cyber companies hope to untangle weird hacker codenames

Log In

  |  Forgot your password?