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Internal fraud on the increase

April 23rd, 2007

New figures released by legal firm, Glovers, suggests that UK businesses are losing £40 million every day to fraud, 80 percent of which involves employees. And it’s not just new hires companies need to beware of; 90 percent of fraudulent employees have been with the organization for more than a year, and 20 percent for more than a decade.
As many as 78 percent of IT professionals claimed their employers had suffered unreported internal security breaches.
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