Cybercrime Overtakes Traditional Crime in UK
Summary: The UK's National Crime Agency reported in its Cyber Crime Assessment 2016, released July 7, 2016, that cybercrime has surpassed all other forms of crime in the United Kingdom, with cyber-enabled fraud at 36 percent of all reported crime and computer misuse at 17 percent. The Office of National Statistics estimated 2.46 million cyber incidents and 2.11 million victims in the UK in 2015, against only 16,349 cyber-dependent and roughly 700,000 cyber-enabled incidents reported to Action Fraud over the same period.
What you should know: The gap between 2.46 million estimated incidents and 16,349 reported cyber-dependent incidents is the number to sit with: the reporting pipeline sees a fraction of what victims experience, and the NCA notes losses have not yet been large enough to move shareholder value the way the 2013 Target breach did in the US.
Read the original at Krebs on Security ↗
- Topics
- Cybercrime & Law Enforcement
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