UK Cybercrime & Online Fraud on the Rise

cybercrime.jpg

Source: The Cost of Cybercrime, Detica/Cabinet Office

An estimated 3.8m adults in England and Wales were victims of some form of online fraud in the space of a year, according to figures in the Crime Survey for England and Wales.

The survey, which included statistics on Internet crime for the first time and which was conducted between May and August, found an estimated 5.1m incidents of online fraud. In addition, the data showed an estimated 2.5m incidents categorised under the Computer Misuse Act, where the victim’s computer or other internet-enabled device was infected by a virus or where a victim’s email or social media account had been hacked.

The survey, published quarterly by the Office for National Statistics, reflects experience of crime and is separate from police-recorded figures, which show only how many offences were reported. The study found that where a loss was reported, 78 per cent of the victims received some form of financial compensation and in 62 per cent of cases they were reimbursed in full.
Adrian Leppard, commissioner of the City of London police, said: “Today’s crime figures for the first time show that fraud and cyber crime are the most prevalent crimes committed against victims in England and Wales.
“Fraud and cyber crime affect every community in the country and do not discriminate by social status or geographical location.”

As for overall non-internet crime, the survey recorded an estimated 6.5m incidents in the year ended June 2015, down 8 per cent on the previous year, with falls in all theft offences, and the lowest level since 1981.
Crime in the UK has fallen rapidly from a peak in the mid-1990s, mirroring declines in the US and elsewhere in Western Europe. However, some criminologists believe the reduction in traditional offences, such as burglary and vehicle crime, may partly be a result of illegal activity migrating online into a variety of cyber scams. These have not been recorded in official statistics until now.

The ONS said the new data were not simply uncovering new crimes but finding better ways of capturing existing crime that has not been measured well in the past. It added it was not possible to say whether the cyber crime figures represented a rise or fall on previous years. Mike Penning, minister for policing, crime, criminal justice and victims, said: “Crime is falling and it is also changing, and we are committed to tackling fraud and cyber crime. This is not a new threat and the government has been working to get ahead of the game. “

There was a 5 per cent increase in police recorded crime compared with the previous year with 4.3m offences recorded in the year ending June 2015.

The figures also showed an increase in more serious categories of police recorded violence including a 16 per cent rise in violence with injury. Knife crime also rose by 9 per cent while other offences involving knives and sharp instruments rose by 4 per cent.

Sex offences recorded by the police also rose with the latest figures up 41 per cent on the previous year — equivalent to an additional 27,602 offences.
FT.com: http://bit.ly/1Xt3dVt

 

« Who Is responsible For Security in the Cloud?
New Software To Identify ISIS Recruiters »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

Directory of Cyber Security Suppliers

Directory of Cyber Security Suppliers

Our Supplier Directory lists 7,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

ZenGRC

ZenGRC

ZenGRC (formerly Reciprocity) is a leader in the GRC SaaS landscape, offering robust and intuitive products designed to make compliance straightforward and efficient.

The PC Support Group

The PC Support Group

A partnership with The PC Support Group delivers improved productivity, reduced costs and protects your business through exceptional IT, telecoms and cybersecurity services.

XYPRO Technology

XYPRO Technology

XYPRO is the market leader in HPE Non-Stop Security, Risk Management and Compliance.

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

FireEye

FireEye

FireEye delivers unmatched detection, protection and response technology through an extensible and flexible cloud-based XDR platform.

AuthenTrend

AuthenTrend

AuthenTrend provide biometric authentication products to achieve high security with extreme ease-of-use for the user.

Archivo

Archivo

Archivo is a value added reseller focused on Disaster Recovery as a Service (DRaaS), backup, hyper-convergence, hybrid storage and Cyber security.

Griffeshield

Griffeshield

Griffeshield is a company specialised in new information technologies used to protect Intellectual Property.

ThriveDX

ThriveDX

ThriveDX, the world’s premier EdTech provider (formerly HackerU), champions digital transformation training as a means of empowering individuals to thrive in the age of digital disruption.

Wontok

Wontok

Wontok deliver innovative value-added data security services that fill the gaps left in traditional security solutions.

Noname Security

Noname Security

Noname Security detects and resolves API vulnerabilities and misconfigurations before they are exploited.

SnapAttack

SnapAttack

SnapAttack is a collaborative platform that empowers your security team to stay ahead of threats, create robust behavioral analytics for your existing tools, and prove your program's effectiveness.

Phished

Phished

Phished is an AI-driven platform that focuses on the human side of cybersecurity. By combining fully automated training software with personalised, realistic simulations of cyberattacks.

Debevoise & Plimpton

Debevoise & Plimpton

Debevoise & Plimpton LLP is a premier law firm with market-leading practices in areas including Data Strategy & Security.

MailChannels

MailChannels

MailChannels protects companies against malicious email threats. Used by 750+ hosting providers around the world.

Core4ce

Core4ce

Core4ce is a mission-oriented company that serves as a trusted partner to the national security community.

Summit 7 (S7)

Summit 7 (S7)

Summit 7 is a national leader in cybersecurity, compliance, and managed services for the Aerospace and Defense industry and corporate enterprises.

Eden Data

Eden Data

Eden Data is on a mission to break the outdated mold of traditional cybersecurity consulting. We handle all of your security, compliance & data privacy needs.

Filigran

Filigran

Filigran provides threat intelligence, adversary simulation and crisis response open solutions to thousands of cybersecurity and crisis management teams across the world.

CyPro

CyPro

CyPro is a cyber security expert firm that specialises in providing cyber security services tailored for high-growth companies at every stage of their journey.