UK businesses are battling a huge rise in cybercrime capable of bringing down entire companies, according to analysis by accountancy company PwC. In a report that singled out the UK as a hotbed of economic crime, PwC said the threat of cyber offences was now a “board-level issue”, but warned that not enough companies were taking it seriously enough. PwC also warned of a surge in the number of “silver fraudsters” – older staff who turn against their employer. Approximately 55% of UK firms have fallen victim to economic crime in the past two years, according to the PwC global economic crime survey, compared with a global rate of 36%.
View full story
ORIGINAL SOURCE: The Guardian