Don't wait to be hit by cyber-crime

Monday, 1 March 2004, 4:06 PM EST

UK firms are reacting too slowly to cyber-crime and need to polish their IT security practices and build partnerships with the police, according to the National Hi-Tech Crime Unit (NHTCU).

At the NHTCU's second e-Crime Congress last week, it was revealed that 80 per cent of the firms it had surveyed had suffered a hi-tech crime in 2003.

The NHTCU found web financial fraud to be the most costly cyber-crime, costing firms £121m in 2003, while the most prevalent one was virus attacks: 77 per cent had been hit, at a cost of £27.8m.

By Dinah Greek and Sara Yirrell at vnunet.

[ Read more ]




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