An additional £2.7bn ($nearly £2,000) in law enforcement spending is needed to tackle serious organised crime, which costs the UK more than £37bn each year, according to the National Crime Agency (NCA). The money would back developments in digital forensics, covert surveillance and financial investigations. The UK’s biggest cyber crime threat comes from Russian language organised crime gangs which have created malware aimed at online banking, the NCA said. Cyber criminals have changed their data targets after improvements in credit card security and are now targeting card verification value data, the agency added.
An additional £2.7bn ($3.5bn) in law enforcement spending is needed to tackle serious organised crime, which costs the UK more than £37bn each year, according to the National Crime Agency (NCA). The money would back developments in digital forensics, covert surveillance and financial investigations. The UK’s biggest cyber crime threat comes from Russian language organised crime gangs which have created malware aimed at online banking, the NCA said. Cyber criminals have changed their data targets after improvements in credit card security and are now targeting card verification value data, the agency added.