2011 report by industry and government on the cost of cybercrime
A 2011 report by information intelligence experts Detica, in partnership with the Office of Cyber Security & Information Assurance, on the estimated cost of cybercrime.
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This report is dated February 2011. For a more recent assessment, read Cyber crime: a review of the evidence.
The first joint government and industry report into the extent and cost of cyber crime across the UK, launched today by information intelligence experts Detica in partnership with the Office of Cyber Security & Information Assurance in Cabinet Office, has estimated the cost to the UK economy at £27 billion per year.
With society now almost entirely dependent on cyber space, developing effective strategies to tackle cyber crime requires a better understanding of its impact. Its breadth and scale have been notoriously difficult to understand and past attempts to set cyber crime policy or develop strategies have been hampered by a real lack of insight into the problem.