Understanding the costs of cyber crime
Outlines the development of an overarching framework for estimating costs and makes a number of recommendations on the design of future research into the costs of cyber crime.
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This report outlines findings from the Costs of Cyber Crime Working Group, which ran between Autumn 2014 and Spring 2016. The Working Group was set up following a commitment in the Serious and Organised Crime Strategy (2013) to improve data quality associated with the costs of the cyber crime. The Working Group involved academics, officials from government departments, representatives from law enforcement and other industry bodies responsible for helping to tackle cyber crime.
The report outlines the development of an overarching framework for estimating costs and subsequently makes a number of recommendations on the design of future research into the costs of cyber crime. This report is therefore intended to help take the research community closer towards achieving better estimates of the costs of cyber crime as part of future studies.