Survey: Most Firms Anticipate Employee Theft

NU Online News Service, Sept. 14, 12:35 p.m. EDT

The poll, sponsored by the Warren, N.J.-based Chubb Group of Insurance Companies, found that executives at 60 percent of the companies surveyed anticipate that employees may steal funds or equipment from the company, while 34 percent said employees may steal funds from a client.

Chubb's 2004 Private Company Risk Survey revealed that 39 percent of private companies reported that an employee stole company funds, equipment, inventory or merchandise during the past few years. Nine percent of the companies surveyed reported that an employee stole funds from a client.

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