Here is the article rewritten in Markdown format:

Cybercrime: A Growing Threat to Economic Security

As cybercrime continues to evolve and become more sophisticated, businesses and individuals alike are at risk of falling victim to economic crimes committed through the use of computers and the internet.

What is Cybercrime?

The PricewaterhouseCoopers (PwC) Global Economic Crime Survey 2014 highlights the need for organisations to stay vigilant in detecting and preventing these types of fraud. Cybercrime includes acts such as:

Phishing
Pharming
Theft of personal information
Distribution of viruses, among others

Defining Economic Crime

Economic crime is defined as the intentional use of deceit to deprive another of money, property or a legal right. This can take many forms, including:

Fraud
Espionage
Money laundering

Conducting Fraud Risk Assessments

To mitigate the risk of economic crime, organisations should conduct regular fraud risk assessments. This includes:

Identifying potential risks
Assessing the likelihood of occurrence
Evaluating existing controls
Implementing measures to remedy any gaps

Other Threats to Economic Security

In addition to cybercrime, intellectual property infringement (including trademarks, patents, and counterfeit products) and money laundering are also significant threats to economic security.

PwC Forensic Services

PwC’s Forensic Services team is comprised of experts in forensic accounting, economics, statistics, former regulators and law enforcement, fraud examiners, and forensic technologists. Our team helps organisations:

Detect and prevent financial irregularities
Analyse complex business issues
Mitigate the risk of fraud

Contact Us

For more information on how PwC can help your organisation address the risks of economic crime, please contact:

Reneta Mamassian Forensic Services, Bulgaria Phone: +359 2 9355 200 Email: reneta.mamassian@bg.pwc.com

Bojidar Neytchev SEE Advisory Leader Phone: +359 2 9355 205 Email: bojidar.neytchev@bg.pwc.com

Disclaimer

This publication has been prepared for general guidance only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice.