More than a third of businesses and other organiSations around the world were victims of economic crime in the last 12 months, according to respondents to PwC's 2011 Global Economic Crime Survey. And nearly a quarter of victims said they were subject to cybercrime -- the use of technology as the main element in the economic crime.Overall, 34 percent of respondents said their organisations were victims of economic crime, a 13 percent increase since 2009. Theft or asset misappropriation (cited by 72 percent) was the most common type of economic crime reported, followed by accounting fraud and bribery and corruption (24 percent each) and cybercrime (23 percent). Overall, 11 percent of respondents, nearly half of them C-suite executives, said they did not know if their organisation had suffered a fraud.
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