Five things energy and natural resources executives need to know
Our recent report, A triple threat across the Americas highlighted the overlapping fraud, non-compliance, and cyber attack challenges that confront businesses across all sectors today. This follow-up piece reviews the dangers facing energy and natural resources (ENR) companies, and outlines five things that sector executives need to know:
- Energy and natural resources businesses are less likely to report experiencing fraud than those in other sectors, but they may simply be missing more perpetrators.
- Complacency surrounding fraud is a danger among energy and natural resources companies.
- Specific fraud risks for the sector appear to come, literally, with the territory.
- Environmental compliance, a high-profile and growing concern for energy and natural resources businesses, is receiving attention.
- Cyber-security is another field where apparent over-confidence is a danger.
