Britain 'losing the war on cyber crime' as costs hit £205 million | BOT24

Britain 'losing the war on cyber crime' as costs hit £205 million


Britain is losing the war on internet crime, a leading police officer has admitted, after it emerged that cyber crime cost UK businesses around £205 million in lost revenue last year.

Commissioner Adrian Leppard, head of City of London Police, said online fraud was rising “exponentially”, with the largest number of attacks originating from Eastern Europe and Russia.
In a stark warning to MPs earlier this month, he said police were struggling to keep up with increasingly sophisticated internet criminals.

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