Reply to topic  [ 6 posts ] 
'Crime risks' for public sector after spending cuts 
Author Message
Legend
User avatar

Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
Reply with quote
http://news.bbc.co.uk/1/hi/uk/10502854.stm

Quote:
Public sector bodies are at risk of economic crime and fraud because of spending cuts, research suggests.

According to a survey by accounting firm PricewaterhouseCoopers (PwC), job losses and the fear of redundancy are the main factors behind the threat.

More than half of UK respondents - 52% - said their organisation suffered economic crime in the last 12 months, compared with a global average of 32%.

And that is what they are admitting to.

Quote:
The survey also suggests there is increased vulnerability for organisations, as staff reductions mean fewer resources being spent on internal controls and internal auditors are being asked to do more with less.

It also makes it easier for outsiders to commit fraud because of the lack of controls. If the government thought benefit and tax fraud was a problem now wait a while.

Quote:
The report suggested the current levels of fraud are mainly perpetrated by more junior members of staff in the public sector.

_________________
Do concentrate, 007...

"You are gifted. Mine is bordering on seven seconds."

https://www.dropbox.com/referrals/NTg5MzczNTk

http://astore.amazon.co.uk/wwwx404couk-21


Mon Jul 05, 2010 9:01 am
Profile
Legend

Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
Reply with quote
Did I miss who commissioned this report?

Or does the ever-shifty PWC just see some of it's profits being lost? :?

_________________
Plain English advice on everything money, purchase and service related:

http://www.moneysavingexpert.com/


Mon Jul 05, 2010 4:57 pm
Profile
What's a life?
User avatar

Joined: Thu Apr 23, 2009 8:25 pm
Posts: 10691
Location: Bramsche
Reply with quote
Then they employed the wrong people to start with...

I've just been laid off, have to work out my 3 months and look for a new job. I still wouldn't steal from them...

_________________
"Do you know what this is? Hmm? No, I can see you do not. You have that vacant look in your eyes, which says hold my head to your ear, you will hear the sea!" - Londo Molari

Executive Producer No Agenda Show 246


Mon Jul 05, 2010 5:15 pm
Profile ICQ
Legend
User avatar

Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
Reply with quote
I think that it depends on what type of business it is. If it is a knowledge business then people will be able to take customer lists etc that will help them in a new post with a competitor or if they plan to go self employed.

_________________
Do concentrate, 007...

"You are gifted. Mine is bordering on seven seconds."

https://www.dropbox.com/referrals/NTg5MzczNTk

http://astore.amazon.co.uk/wwwx404couk-21


Mon Jul 05, 2010 6:03 pm
Profile
What's a life?
User avatar

Joined: Thu Apr 23, 2009 8:25 pm
Posts: 10691
Location: Bramsche
Reply with quote
Amnesia10 wrote:
I think that it depends on what type of business it is. If it is a knowledge business then people will be able to take customer lists etc that will help them in a new post with a competitor or if they plan to go self employed.

I'm sys-admin for manufacturing company. I could easily copy all the useful information to an external hard drive, my laptop or up into the cloud. I could sell that to a competitor or take it to my new employer, if they were in the same field... But I'm a professional, so I wouldn't do it.

I've worked in the finance department of several large multi-nationals, over the years, dealing with their monthly financial reporting systems, but, again, it never crossed my mind to sell the information.

_________________
"Do you know what this is? Hmm? No, I can see you do not. You have that vacant look in your eyes, which says hold my head to your ear, you will hear the sea!" - Londo Molari

Executive Producer No Agenda Show 246


Tue Jul 06, 2010 5:55 am
Profile ICQ
Legend
User avatar

Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
Reply with quote
big_D wrote:
Amnesia10 wrote:
I think that it depends on what type of business it is. If it is a knowledge business then people will be able to take customer lists etc that will help them in a new post with a competitor or if they plan to go self employed.

I'm sys-admin for manufacturing company. I could easily copy all the useful information to an external hard drive, my laptop or up into the cloud. I could sell that to a competitor or take it to my new employer, if they were in the same field... But I'm a professional, so I wouldn't do it.

I've worked in the finance department of several large multi-nationals, over the years, dealing with their monthly financial reporting systems, but, again, it never crossed my mind to sell the information.

Yes bit once you get to your thirties your reputation is more valuable. It would not be worth risking, hence why younger junior employees with a lot less to lose are more likely to steal data to enhance their career.

_________________
Do concentrate, 007...

"You are gifted. Mine is bordering on seven seconds."

https://www.dropbox.com/referrals/NTg5MzczNTk

http://astore.amazon.co.uk/wwwx404couk-21


Tue Jul 06, 2010 6:34 am
Profile
Display posts from previous:  Sort by  
Reply to topic   [ 6 posts ] 

Who is online

Users browsing this forum: No registered users and 17 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
cron
Powered by phpBB® Forum Software © phpBB Group
Designed by ST Software.