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Survey Report: Tech gaps, third parties pose biggest ABAC threats
Compliance professionals surveyed regarding their anti-bribery and corruption efforts (ABAC) indicated resource support deficiencies in areas including staffing and technology.
The survey, conducted online by Compliance Week and law firm Morgan Lewis between May and June, gathered responses from 154 practitioners. Nearly half the respondents (48 percent) said they expected bribery and corruption risks to increase over the next 2-3 years, while 39 percent felt it would remain the same over that period.
Insights shared from respondents included:
- How companies assess their greatest bribery risks
- Where ABAC resource gaps exist
- Third-party audit frequency
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