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Results of the Deloitte Snap Fraud Survey 2013

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In support of the Association of Certified Fraud Examiners’ International Fraud Awareness Week from 3 – 9 November 2013, we have prepared various articles relating to fraud. This is the third article, written by Bruce Thornton (Associate Director, Forensic), which presents the results of a snap fraud survey conducted by Deloitte.

Deloitte recently conducted a snap fraud survey. We have presented highlights from the survey and an infographic which reflects all the results:

  • Only 30% of the respondents who knew of fraud occurring within their organisations stated that the fraud was committed by an employee. Surveys performed across the globe have all highlighted the fact that employees are the prime perpetrators of fraud; therefore 30% is a very low statistic.
  • The two industries hardest hit by fraud are Financial Services (no surprises) and Technology Media and Telecommunications (big surprise). Globally, the industries hardest hit by fraud (apart from Financial Services) are in the Mining and Oil & Gas sectors.
  • The vast majority of respondents felt that management set the right tone at the top. This is at odds with global trends.
  • There is general consensus that there is a direct link between a global economic slowdown and the instances of fraud.
  • Cybercrime in South Africa is not yet seen as a major risk

View the infographic . . . .  Deloitte Snap Fraud Survey 2013 Infographic

If you have any questions or require a more detailed discussion, contact Bruce Thornton (Associate Director, Risk Advisory, Forensic at Deloitte & Touche) at bthornton@deloitte.co.za

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About the author

David Graham


  • It would be interesting to know if this survey was aimed at big business only or if it included small and micro businesses, NPOs,schools etc. often these businesses handle a great deal of cash, have inadequate systems, can’t afford trained staff and employers abdicate responsibility to the bookkeeper.

  • Hi Pat

    Thank you for your comment. It was opened to our social media communities so i am not sure about the demographics. Importantly, fraud affects everyone from individuals, small to medium businesses to large corporations.

    David Graham

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