As 2020 draws to a close, there is little doubt that the effects of COVID-19 will linger well into 2021. Businesses continue to grapple with economic fluctuations, supply chain disruptions, remote operations and the toll this year has taken on the health, safety and well-being of the workforce. We know, too, that these and other factors stemming from the global pandemic have altered organizations’ fraud risks and anti-fraud programs.

This month, we launched the Fraud in the Wake of COVID-19 Benchmarking Report, December 2020 Edition. This is the third edition of this benchmarking study, which updates the two previous editions we launched in June and September.

The report is free and available to print or download. Here are some key findings that can help you understand what you and your organization are currently facing.

The level of fraud has increased since May 2020, when we began research for these reports, and is expected to continue rising.

79% of respondents observed an increase in fraud since November 2020
90% of respondents expect an increase in fraud over the next 12 months

We hope that the information highlighted in this report will help you understand how fraud risk is evolving and the importance of staying ever vigilant in protecting against its harms in the wake of the novel coronavirus.

As with our previous research, we are exceptionally grateful to the ACFE members who contributed their time and insight into the state of the anti-fraud profession during this time of immense uncertainty and change.

Get the Report

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