Firms are urged to invest in food fraud detection
A full 49 per cent said that it was simple to counterfeit their products
Some 44 per cent of food businesses have yet to implement fraud detection, according figures compiled by PwC, writes Leanna Byrne.
The global auditing firm, which earlier this year released a food fraud vulnerability assessment tool, has found that of the 850 companies that have completed this assessment. A full 49 per cent said that it was simple to counterfeit their products.
Thirty-eight per cent of these companies said they had no whistleblower procedures in place to report...
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