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BizReport : Law & Regulation : February 17, 2011

$100million boost to U.K. cyber crime law enforcement

In an attempt to curb its country's rising cyber crime problem the British Government has committed millions from its cyber security fund to boosting law enforcement resources.

by Helen Leggatt

This year alone cyber crime will cost the British economy just over $3billion and affect around a third of the U.K.'s population.

It's little wonder then that the Government is taking action to ensure that this threat is met with a swift and effective response from law enforcement.

Home secretary Theresa May recently announced that just over $100million would be made available for just such an exercise from the $1billion or so allocated to IT security in the Strategic Defence and Security Review.

"The Government is determined to build an effective law enforcement response to the cyber crime threat building upon the existing expertise within SOCA and the Met Police Central e-Crime Unit," said a Government spokesman.

Further details surrounding the exact allocation of the $100million, which works out about $17 per person in the U.K., will be announced in the Spring when the Government will be publishing its cyber security strategy.

Tags: cyber crime, law enforcement, U.K

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