13% of employees view selling login credentials as harmless

A new report by fraud prevention service Cifas has revealed that 13% of employees at large UK companies have either sold their corporate login credentials in the past year or know someone who has. The study, involving 2,000 staff at organisations with over 1,000 employees, found a concerning tolerance for fraudulent workplace behaviour across all levels of seniority.

The findings indicate that 13% of respondents consider selling credentials harmless. The sentiment is notably higher among leadership, rising to 32% among senior managers, 36% among directors, 43% among C-suite executives, and 81% among business owners. Professionals in the IT and telecoms sectors displayed the highest tolerance for fraud-related scenarios, which included faking references, secret freelancing for competitors, and gambling company funds.

Cifas warned that such insider threats expose organisations to significant cyber and financial crime. The report emphasises the need for businesses to develop fraud-aware cultures and provide comprehensive training. 

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