Crackdown on the cyber crooks

In-Depth

Top industrialists and academics are joining the government in a concerted attack on the growing threat of hi-tech fraudsters. Niall Firth reports.

Cyber-crime cost

businesses more than £2.45bn last year, according to recent figures released by the

, and it seems likely this will increase in the near future.

As hi-tech fraudsters find ever more devious means of parting consumers not only from their money but even their identities, security experts across industry and government are having to devise increasingly sophisticated ways of protecting themselves and customers.

To help create a united front against the exponentially increasing cyber-crimes of 'phishing' and identity theft a DTI-funded

(KTN) — the 18th — has been set up. Managed by

, this newest addition to the KTN family will, its members hope, help combat this growing wave of hi-tech crime.

The Cyber-Security KTN will be overseen by a steering committee that reads like a Who's Who of industry heavyweights and technology organisations ranging from academia to government. Industry will be represented by experts from BP, Visa, British Airways, HP and Microsoft among others, while the DTI, Home Office and MoD will represent the Government. Academia has a smaller but vital role and

Register now to continue reading

Thanks for visiting The Engineer. You’ve now reached your monthly limit of premium content. Register for free to unlock unlimited access to all of our premium content, as well as the latest technology news, industry opinion and special reports. 

Benefits of registering

  • In-depth insights and coverage of key emerging trends

  • Unrestricted access to special reports throughout the year

  • Daily technology news delivered straight to your inbox

Register
Or continue by

Signing in with your registered email address