Crime costing businesses €55,500 per year

Irish businesses are losing an average of more than €55,000 to crime every year with poor security leaving firms particularly exposed to criminals.

Almost a quarter of firms have been robbed by their own staff over the past three years in what is one of the most common types of crime affecting businesses.

Despite theft by a member of staff affecting 23.5% of the businesses surveyed by security firm Netwatch Group in its biannual threat index report, Irish companies are failing to take the necessary precautions to prevent internal crime.