Cybercrime rate is much larger than estimated

Cybercrime rate is much larger than estimatedWith the new figures from the Office for National Statistics, UK cyber crime rates are higher than expected previously with one in every ten adults being a victim. The first official estimate from the CSEW (Crime Survey for England and Wales) about cybercrime incidents like malware or virus attacks, online scams, theft of banking etc. is out.

 

3.8 million is the prior unofficial estimate suggested, which has increased to 5.8 million cybercrime incidents according to the new statistics based on interviews. Accounting for almost 33% of incidents the most common type of fraud include the stolen credit card details and bank theft of which 2.5 million people are suspected to be victims. Non-investment fraud, such as fraud related to online shopping scams or fraudulent calls to computer services accounting followed with one million incidents accounting for about 28% of the total frauds. About 1.4 million virus victims and 600,000 hack victims were also recorded. The rate of crime hasn’t doubled over the 1 year period but the increase in crime was been recorded previously, mentioned through the ONS.

 

John Flatley, head of crime statistics and analysis at the ONS said that this is the first time estimates of fraud and computer misuse from our victimization survey were published officially. The launch of a law enforcement unit to tackle the dark web and plans to open a new ‘state-of-the-art’ cyber defense facility to reinforce groundwork includes in the effort made by the British government.