Risk leaders at companies in China and the United States expressed the highest level of confidence in their approach to mitigating bribery and corruption risk, according to a new global benchmark report.

The 2021 Global Fraud and Risk Report, released by Kroll last week, surveyed 1,336 senior decision-makers for risk strategy—including chief compliance officers and general counsel—across 17 countries. At a high level, the report assessed the attention boards are giving to bribery and corruption risks today; the frequency in which companies have conducted risk assessments; and the current state of companies’ data analytics usage.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...