its revenue to fraud - shred-it · 2017. 11. 3. · 5% of every year, the typical organization...

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5 % of EVERY YEAR, THE TYPICAL ORGANIZATION LOSES On average, an incident continues for 18 months before detection ITS REVENUE TO FRAUD TOTALLING BILLION $ 6.3 THE HARD FACTS OF OCCUPATIONAL FRAUD The average loss per case was $2.7 MILLION GIVING FRAUDSTERS THE TIME TO NAB A MEDIAN OF $150,000 Shred-it® is a Stericycle solution. © 2017 Shred-it® International. All rights reserved. Protect your business from fraud by contacting Shred-it 800-697-4733 | shredit.com WHY DOES IT HAPPEN? 39 % SBOs HAVE NO POLICY in place for handling their CONFIDENTIAL INFORMATION. of 49 % C-Suites TRAIN EMPLOYEES on their industry’s legal requirements only ONCE A YEAR OR LESS. of 60 % Senior Executives say EMPLOYEES ARE NOT KNOWLEDGEABLE or HAVE NO KNOWLEDGE of the COMPANY’S SECURITY RISKS. of 46 % SBOs HAVE NO POLICY for storing and disposing of the CONFIDENTIAL INFORMATION OF ELECTRONIC DEVICES. of Sources: www.priv.gc.ca/resource/tool-outil/infographic/leg_info_201405_e.asp | www.gowlings.com/services/dbic/?p=15 This document does not constitute a legal opinion or legal advice. Do not rely on any of the information in this document without first obtaining legal advice.

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Page 1: ITS REVENUE TO FRAUD - Shred-it · 2017. 11. 3. · 5% of EVERY YEAR, THE TYPICAL ORGANIZATION LOSES On average, an incident continues for 18 months ITS REVENUE before detection TO

5%of

EVERY YEAR, THE TYPICAL ORGANIZATION LOSES

On average, an incident continues

for 18 months before detection ITS REVENUE

TO FRAUD TOTALLING

BILLION $6.3

T H E H A R D FA C T S O F O C C U PAT I O N A L F R A U D

The average loss per case was

$2.7 MILLION

GIVING FRAUDSTERS THE TIME TO NAB A MEDIAN OF

$150,000

Shred-it® is a Stericycle solution. © 2017 Shred-it® International. All rights reserved.

Protect your business from fraud by contacting Shred-it 800-697-4733 | shredit.com

WHY DOES IT HAPPEN?

39% SBOs HAVE NO POLICY in place for handling their CONFIDENTIAL INFORMATION.

of

49% C-SuitesTRAIN EMPLOYEES on their industry’s legal requirements only ONCE A YEAR OR LESS.

of

60% Senior Executivessay EMPLOYEES ARE NOT KNOWLEDGEABLE or HAVE NO KNOWLEDGE of the COMPANY’S SECURITY RISKS.

of

46% SBOs HAVE NO POLICY for storing and disposing of the CONFIDENTIAL INFORMATION OF ELECTRONIC DEVICES.

of

Sources: www.priv.gc.ca/resource/tool-outil/infographic/leg_info_201405_e.asp | www.gowlings.com/services/dbic/?p=15This document does not constitute a legal opinion or legal advice. Do not rely on any of the information in this document without first obtaining legal advice.