White-collar crime costs 5 billion euros to German companies

4/1/2013 - Report
ic_blogtagGermanyEmploymentPrivate Sector
The risks posed by white-collar crime for German companies are growing. After declining slightly in 2011 in Germany, cases of criminal activity rose appreciably in 2012 according to the latest estimates by Euler

Hermes. This applies to both the number of cases (+2%) and the resultant loss (+25%), which amounts to EUR 4.8 billion in 2012.

What is conspicuous is the sharp rise in average loss per case. Frequently enough, the perpetrators are companies' own employees.

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White-collar crime costs 5 billion euros to German companies - Report