Tag Archives: money laundering

Rising Cyber Crime Wave: Doubts Over Law Enforcement Capabilities

Corporations and governments are experiencing and reporting cybercrime at greater rates, according to a survey by PwC consulting. Respondents expressed doubts about the ability of law enforcement to investigate and prosecute economic crime.

The PwC survey found 54 percent of U.S. companies experienced cyber crime in the past two years, far higher than the 32 percent global reported rate, according to Didier Lavion, a principal at PwC. Continue reading Rising Cyber Crime Wave: Doubts Over Law Enforcement Capabilities