The results of a survey on economic crime in Cayman are set to be published next month.
The Chamber of Commerce Economic Crime Survey 2005-06 was commissioned by the Chamber in association with the RCIP and with the support of the Cayman Islands Compliance Association.
RSM Cayman Islands, a local audit and business advisory firm, was appointed to conduct the research and prepare a report.
The information gathering process has been going on for some weeks but local businesses are still being invited to complete the survey which can be found at www.economiccrimesurvey.ky
The results are set to be published in March and will be used to inform local businesses, government and the public about the financial impact crime has on Cayman, said an RSM release.
‘Economic crime is a serious business issue that potentially affects the financial performance of all commercial organisations,’ said RSM’s Ian Beresford.
The release highlights the problems caused by identity theft through such more modern means as dumpster-diving – people rooting through trash for information, Internet scams and computer hacking, along with others like good old fashioned pick pocketing.
The release also offers some useful tips on trying to stay one step ahead of the ever resourceful criminals.
The sound advice includes protecting personal information and being sceptical if asked to provide any such information, staying current with bills and accounts statements and destroying all credit and debit card receipts.
‘One thing is true, you cannot entirely eliminate the possibility of identity theft,’ said Mr. Beresford.
‘The key for businesses and consumers is awareness and education,’ he said.
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