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News

e-Crime is a growing problem says online safety summit survey

15 July 2010

Research published in parallel with the opening of today's e-Crime summit in Wales, claims to show that online crime now costs the UK economy £10bn a year and is a growing threat to businesses that are becoming ever more dependent on IT and online systems.

Whilst the survey understandably focuses on Wales, its findings can clearly be extrapolated to a UK-wide audience, Infosecurity notes.

According to the survey, almost a quarter of businesses (23%) in Wales have been a victim of computer related crime in the last year.

The survey – which was carried out as part of annual research on behalf of the Welsh assembly government's e-Crime Wales unit – took in responses from 750 Welsh businesses and found that 75% of tourism businesses were not aware that they were responsible for any criminal activity undertaken on their networks.

This is, say researchers, the result of a new law brought in through the Digital Economy Bill, which applies to all businesses in the UK.

Commenting on the results of the survey and the opening of the e-Crime Wales event, Ieuan Wyn Jones, the deputy First Minister for Wales, said that trust and security in all we do online are now recognised to be vital for economic success and have been identified by the European Commission this year as one of the foundations for sustainable growth in the 21st century.

"It is good to see Wales ahead of the game in the worldwide fight against e-Crime, with our country's strong tradition of team work a big advantage", he said.

"The e-Crime Wales initiative has proved a highly effective partnership, with our police forces, business, local authorities and other stakeholders joining with the Welsh assembly government in a common endeavour to keep Wales as a great country - and a safe country - to do business", he added.

 

This article is featured in:
Application Security • Compliance and Policy • Data Loss • Internet and Network Security

 

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