You might recall that last week, consultant firm Detica produced a report on the overall cost of cyber-crime in the UK, in conjunction with the government Office of Cyber Security.
The damage of which was calculated to be £27 billion per year lopped off the British economy, a rather staggering figure to claim. Of course, it’s very difficult to quantify these sort of measurements.
A professor from the London School of Economics was certainly unimpressed with this estimation, and pointed out an interesting fact – that Detica is owned by BAE Systems, and the whole report was a “sales promotion exercise” on behalf of the latter.
Peter Sommer told ComputerWeekly: “The whole report has been orientated to areas in which BAE can offer its facilities and services.”
He noted that entire swathes of cyber-crime offences were discarded by the report, with child pornography perhaps the biggest problem area which was ignored.More...