National Media

Public sector fraud in NSW has more than doubled in four years, with fiddling timesheets and stealing petty cash being the most common infractions.

Cybercrime has overtaken theft as the biggest fraud risk for government agencies, a survey has found.

Vendor contracting and maintenance are the two most prevalent areas of procurement fraud for Australian public sector. Agencies need to undertake regular risk management and apply modern data detection analytics to identify high-risk or suspicious transactions.