On an international scale, only 20 per cent of Australasian companies for whom foreign bribery was relevant rated it as a top-five risk to their company, despite one in five saying they had experienced a known incident of foreign corruption.
Only 20 per cent of Australian and Kiwi companies saw domestic corruption as a top-five risk to their organisations, which was only a minor increase on 2015.
Tip offs remain the top source of discovering instances of domestic corruption at just over 30 per cent, down on 40 per cent in 2015. Internal controls came in second at just under 20 per cent, followed by chance at 15 per cent.
"Organisations need to be proactive and vigilant if they have any realistic chance of combating bribery and corruption, otherwise they will simply fall behind," said Deloitte New Zealand forensic leader Barry Jordan.
"Although we are getting much better at identifying the symptoms of commercial and public sector bribery and corruption, whether that is through traditional or social media channels, we have still a lot to learn."