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Cyber crime ‘costs £27bn a year’

Cyber crime ‘costs £27bn a year’

Cyber crime costs the UK economy £27bn a year, the government has said.

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The figures, published for the first time, are a mid-range estimate and the real cost could be much higher.

Help On Writing Dissertation They are made up of £21bn of costs to businesses, £2.2bn to government and £3.1bn to citizens. Dissertation Analysis Paper Security minister Baroness Neville-Jones said the government was determined to work with industry to tackle cyber crime.

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Buying College Research Papers At the moment, cyber criminals are “fearless because they do not think they will be caught”, she said in a briefing in central London.

Read More/Source: BBC News

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