New figures released by Get Safe Online and Action Fraud, the UK’s national fraud and cyber crime reporting center, reveal the cybercrime cost for British businesses over in the last year. In total, businesses reported £1,079,447,765 in loses as a result of cybercrime, which is a 22 percent increase from the previous year. Each police force in the UK recorded around £19.5 million in losses but this number may in fact be slightly higher as some businesses may not have reported or disclosed the full extent of the losses they incurred to the authorities. Get Safe Online, the UK’s cyber… [Continue Reading]