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Indian fraudsters are younger in age and initiate acts of fraud much earlier in their careers, use technology to complete the act, are high performers, are driven by personal greed and more often act in groups.

This appreciable improvement in hiring sentiment comes on the back of the optimistic consumer-focussed sectors. These businesses foresee more disposable money in the hands of consumers —thanks to consumer confidence owing to increased income levels.

‘State of Human Capital Risk in India’ study reveals that although 62 per cent companies in the country realise the urgency of HCR at the board level, only 33 per cent have a formally-defined risk mitigation or control strategy in place.