SMALL FIRMS CALL FOR MORE ACTION ON FRAUD AND E-CRIME

BRITISH police and banks have received a 'could do better' report in new research suggesting cybercrime costs small and micro businesses GBP789 million annually in the United Kingdom. Police responses to fraud and online crime needs to be improved, said the UK’s Federation of Small Businesses (FSB), in a survey based on replies from 2,667 members, 41% of whom were hit by fraud and online crime within the last 12 months, costing them GBP 4,000 on average.The FSB acknowledged however that the Police Central e-crime Unit funded by the UK Home Office and London’s ...


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