Cybercrime costs UK £27 billion
Cybercrime costs the UK economy £27 billion a year, it has been claimed.
Prime minister David Cameron has claimed that UK cybercrime costs the country's economy £27 billion every year.
He said that tackling hackers and other online criminals was a top priority and that the UK needed to work with international partners and industry if it was to stamp out the practice.
Speaking at a summit in London, Mr Cameron noted that the level of cybercrime affecting both private businesses and governmental departments was unprecedented.
He said: 'It costs just 69p - about the price of a song on iTunes - to buy someone's credit card information online.'
He added that a cross-border approach would strengthen the UK's position and that the government was investing £650 million in 'improving [the country's] cyber defences'.
Recently, Baroness Neville-Jones accused China and Russia of carrying out cyber attacks on BBC Radio 4's World at One programme.
Source: BCS
Prime minister David Cameron has claimed that UK cybercrime costs the country's economy £27 billion every year.
He said that tackling hackers and other online criminals was a top priority and that the UK needed to work with international partners and industry if it was to stamp out the practice.
Speaking at a summit in London, Mr Cameron noted that the level of cybercrime affecting both private businesses and governmental departments was unprecedented.
He said: 'It costs just 69p - about the price of a song on iTunes - to buy someone's credit card information online.'
He added that a cross-border approach would strengthen the UK's position and that the government was investing £650 million in 'improving [the country's] cyber defences'.
Recently, Baroness Neville-Jones accused China and Russia of carrying out cyber attacks on BBC Radio 4's World at One programme.
Source: BCS
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