Here are some interesting statistics regarding whistle blowers.

They are the most effective means to identify fraud and corruption

• PWC Survey indicates whistleblowers detected 43% of fraud
• Twice level uncovered by regulators and auditors
• US SOX Whistleblower protections did not increase employee whistleblower actions
• Declined 5% due to fear of retaliation, ostracism, and lack of rewards
• 45% Decline to identify themselves
• Exceptions are journalists involved in large cases and employees with access to a qui tam suits
• The role of whistleblowers varies greatly from society to society depending on their level of human liberties
• In closed societies with few speech or press liberties, there is little tolerance for whistleblowers
• Whistleblower protections do not foster a whistleblower environment
• That comes with providing economic incentives
• Health care is a good example of the positive relationship with 41% of frauds identified by employees v 14% in other industries