A study by Deloitte reveals that almost a third of companies in Portugal, specifically 28%, admitted to having been the target of fraud in the last year.
The most common forms of fraud include payment fraud (45%), asset misappropriation (38%) and cyber attacks (34%).
Most organizations have already implemented mechanisms to prevent and detect fraud, with 91% using reporting management and monitoring channels, an increase of seven percentage points compared to 2024.
Gonçalo Quintino, partner from Deloitte, states that “there is greater awareness among companies regarding fraud and corruption,” and highlights the importance of continuing to invest in fraud detection mechanisms.
Furthermore, 97% of companies comply with the requirements of the General Corruption Prevention Regime, including the implementation of codes of conduct and reporting channels. However, only 10% have ISO 37001 certification, which helps prevent bribery.
Although more than three quarters of companies do not use technological tools to detect fraud, 22% use analytics to identify fraud patterns. The study also indicates that 56% of companies believe that fraud events negatively impact their financial position, estimating an impact of between 0.5% and 2% of revenue.
Despite this, organizations’ response to adverse events tends to be reactive, with 72% of respondents unwilling to invest more than 25 thousand euros in fraud detection technology in the next year. Only 11% are prepared to invest more than 75 thousand euros in these solutions.