Bribery, fraud, tax evasion. The cost to businesses every year is huge.

1 in 3 businesses report experiencing financial crime of some sort. How likely is your business to fall victim?

 

The business fight against financial crime

 

Dirty money

 

MONEY TAKERS

Financial crimes cover a vast range of criminal activities that dishonestly transfer and protect wealth. And their global impact is devastating.

 

Global impact in US dollars and percentage of businesses affected by financial crime

 

Cost of financial crime to businesses infographic

 

Crime scene

 

GLOBAL RISK

1 in 3 businesses report experiencing financial crime in some form - but your chance of being hit can vary dramatically depending on where you are.

 

World map shows regions and percentage of businesses falling victim to financial crime in that area

 

PRIME TARGETS

Some industries also tend to be hit by financial crime more than others - unsurprisingly, financial services are the most vulnerable.

 

Bar graph showing the percentages of businesses that fall victim to financial crime by industry

 

Cost of financial crime to businesses infographic

 

Footing the bill

 

HARD CASH

Businesses hit by financial crime are likely to suffer the following:

 

Percentages of financial loss, reputational damage, and penalties businesses suffer

 

COLLATERAL DAMAGE

Businesses that aren't hit still feel the wider effects that financial crime has on the economy.

 

Issues of transparency, distorted markets and stifled economic development

 

Cost of financial crime to businesses infographic

 

Partners in crime

 

CRIME PAYS

Crimes like money laundering don't just damage businesses and financial markets - they also ensure other crimes pay.

 

Graph shows US billions of other criminal activity associated with financial crime like corruption

 

TERRORIST TURNOVER

The comparative turnover of the 3 largest terrorist groups.

 

Three icons showing the first, second and third terrorist group turnovers in US billions

 

Cost of financial crime to businesses infographic

 

Off balance

 

CASH-AND-CARRY

Crimes like tax evasion, bribery and corruption widen global inequality by hitting poorest countries hardest.

 

Four graphs showing by region the percentage of all private wealth kept abroad to avoid taxes

 

POVERTY TRAP

This contributes to a cycle of poverty that causes 18 million people worldwide to die prematurely each year, more than double that of cancer.

 

Icons showing the number of deaths by millions for economic deprivation, cancer and road accidents

 

Cost of financial crime to businesses infographic

 

Find out how the information you provide helps HSBC make banking safer.

 

BROUGHT TO YOU BY

 

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Sources

Financial crime data
Verizon, Symantec, Ultrascan, Nilson Report, BDO, Anti Phishing Working Group,
Tax Justice Network, Terrorism Research Initiative, US Bureau of Justice

Supporting data
World Bank, NASA, CDC, Bloomberg, Forbes, BBC

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