Mega study on real insider fraud and mega wake-up for IT governance.
Based on investigations into almost 1 400 cases of occupational fraud that occurred in 94 countries between January 2010 and December 2011, the 2012 report provides an insight into the nature of insider fraud and the scale of the losses it is causing.
In all but nine of the 1 388 cases investigated, the total loss from each fraud was recorded by the investigating certified fraud examiner. The median loss was $140 000 or about R1.15 million, but in over 20% of the cases the losses exceeded $1 million – over R8 million.
Read more here:
http://www.itweb.co.za/index.php?option=com_content&view=article&id=57265:insider-fraud-exposed