Fraud, bribery and corruption continues to be a global threat: EY Global Fraud Survey

Increased enforcement action, changing regulations and adoption of new technologies has transformed the risk landscape, leading to increased vulnerabilities. EY’s 15th Global Fraud Survey 2018, Integrity in the spotlight – The future of compliance stated that despite rising global enforcement, fraud and corruption continue to be one of the greatest threats to businesses worldwide. While anti-corruption enforcement by regulators and agencies continues to accelerate, there is often a lag between the introduction of laws and real change being made by organizations.

In such trying times, management needs to boost the integrity agenda, redefine compliance programs and adopt a technology-centric approach driven by data analytics to minimize ethical lapses, business losses and reputational damage.

Key India highlights of the survey include –

Follow @EY_India and track #EYForensic for regular updates


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