One in five respondents in Hungary said that their company was asked to pay a bribe in the last two years.

One in four said their companies had experienced at least one instance of procurement fraud during the period. PwC Hungary Advisory partner Miklós Fekete said economic crime affects every industry in Hungary, but procurement fraud and cybercrime have gradually emerged as major forms of fraud.

The survey shows that the percentage of companies experiencing cybercrime rose to 17% in 2014 from just 4% in 2011. The global survey included responses from 91 Hungarian companies.

Source www.hungarymatters.hu

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