Every Dollar Lost to Fraud in Hong Kong Costs Firms HK$3 64 According to LexisNexis True Cost of Fraud Study tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
For every rupee lost to fraud by individuals, organisations incur an average cost of Rs 4 (Rs 3.07 for retailers and Rs 4.64 for financial institutions), a survey said on Monday.
Every Rupee Lost to Fraud in India Costs Firms ?4 00 According to LexisNexis True Cost of Fraud Study tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
The impact of fraud on businesses goes beyond financial losses. It also affects consumer perception and engagement – 77% of Indian consumers claim that experiences of fraud have affected their satisfaction levels and 78% notice its impact on customer conversion.
Every Dollar Lost to Fraud in Australia Costs Firms AUD$3 68 According to LexisNexis True Cost of Fraud Study tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.