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China business leaders see social media as a growing risk
- Friday | 11th October, 2019
Adversarial social media activity was a relevant factor in 39% of significant fraud and theft incidents suffered by businesses in China in the last 12 months; above the 27% global average. Over half (55%) of China business leaders (versus 63% global average) surveyed cited social media as a significant priority when developing a defence strategy for their organisations. External fraud in China ranked at 18%, which was lower than the global average of 28%. Hence, it’s not surprising a third of companies in China reported experiencing adversarial social media activity (39% vs. 27% globally). Interestingly, internal whistleblowing programs were deemed the least effective way to detect risk among a list of other programs, with only 70% (66% global average) of business leaders in China stating they were effective.
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