ELEVEN SURPRISING EMBEZZLEMENT STATS
DID YOU KNOW?
- 75% of employees have stolen at least once from their employer. (Source: CalRest.org)
- More than 30 percent of business bankruptcies are due to employee theft. (Source: Service Management Group)
- 90% of all significant theft losses come from employees. (Source: Willis North America)
- Cash theft is the top cause for over 20% of businesses. (Source: Balance Innovations)
- 40% of employees who steal from their work have experienced HR red flags prior. (Source: SHRM)
- 60% of employees would steal if they knew they wouldn’t get caught. (Source: FBI)
- 34% of millennials justify stealing from their job. (Source: Service Management Group)
- The top three sectors where insider attacks occur are finance, insurance, and healthcare. (Source: Carnegie)
- Employee theft costs are rising at a rate of 15% per year. (Source: U.S. Department of Commerce)
- 85% of embezzlement cases are perpetrated by a manager. (Source: Hiscox)
- 8 years is the average time a perpetrator works at the company. (Source: Hiscox)