Firms spend €2bn on fighting crime

Small businesses are spending €2.02bn a year fighting crime — yet one in six companies has been the victim of crime over the last 24 months, according to the Small Firms Association.

And internal fraud has rocketed, jumping from just 3% of crime impacting small firms in 2009 to 10% in 2012.

Commenting on the its National Small Business Crime Survey, SFA director Patricia Callan said the business community is under constant attack from planned, professional criminality.