In the media

The World Economic Forum estimates that corruption costs the global economy $2.6 trillion annually or about 5% of global GDP, prompting governments to explore digital tools for its eradication. Digital platforms and technologies like automation, blockchains, and AI can reduce opportunities for misconduct. However, the International Anti-Corruption Academy (IACA) warns that technology could exacerbate the digital divide between wealthy and poorer nations.

A Swedish credential evaluator estimates that 10–15% of workers in fields like economics and engineering hold fake degrees or qualifications from unrecognized schools in certain countries. He highlights that credential fraud, a $7-billion-a-year industry often tied to organized crime, involves falsified diplomas, transcripts, and certificates. In a report last year, he called for stricter laws and clear penalties to combat fraudulent credentials and protect academic integrity.