Good news for companies industry-wide: While the reporting of fraud-related incidents has significantly increased over time, especially a surge of in-house fraud in 2008, fraud reports have stopped climbing in 2009—even decreasing slightly in Q3 and Q4 of 2009, according to the Quarterly Corporate Fraud Index.
The Network Inc., a provider of governance, risk and compliance solutions, along with BDO Consulting released the Q4 2009 findings of its Quarterly Corporate Fraud Index, an examination of incident report activity from 12 million employees worldwide. For this report the data represents a five-year period, 2004 to 2008. The data for 2008 was expanded to include 1,328 organizations from a wide range of industries—insurance included—representing a 59% increase from the number of organizations researched in 2007.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access