Some 45% of financial services respondents to PwCs 2014 Global Economic Crime Survey say they have been victims of economic crime.And 39% of those respondents who reported economic crime during the survey period say they have been victims of cybercrime, as fraudsters increasingly turn to technology as their main crime tool.Around half who have experienced economic crime during the survey period report an increase in the number of occurrences and the financial value of economic crime during the period [more so than other industries respondents].The survey, which includes 1,330 responses from the financial services sector across 79 countries, found that theft remains the most common form of economic crime for financial services firms, reported by 67% of respondents. It is followed by cybercrime, 39%, money laundering, 24%, accounting fraud, 21% and bribery and corruption, 20%.
