Rounak Jain16 Nov 2022, 11:34
The disruptions caused by the Covid-19 pandemic have led to 95% of Indian companies being affected by new types of fraud, says a PwC survey. This includes customer and KYC frauds, with Indian companies more impacted by these frauds than their global counterparts. While the threat of frauds has risen, Indian organisations’ fraud prevention measures have yielded results, with the number of victim companies falling to 52% from 69% in 2020.