All fraud types rising, says global research

Over 70% of companies suffered from fraud in the past year, up from 61% in the previous 12 months, according to the 2013 Kroll Global Fraud Report. There was a bump in every category of fraud covered by the study, with the sharpest hike coming from vendor, supplier and procurement fraud – which increased from 12 to 19%. Next came conflicts of interest mismanagement, with a 6% surge, followed by regulatory breaches and price fixing, which each grew by 5%.