More sophisticated cyber crime costs UK billions

Wednesday, 6 April 2005, 1:55 PM EST

As cybercriminals grow in sophistication and organized crime becomes increasingly involved in the mix, the cost of cybercrime to U.K. business continues to grow, resulting in billions lost in down time, systems damage and client loss, according to a report released Tuesday by the National Hi-Tech Crime Unit (NHTCU).

By Laura Rohde at InfoWorld.

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