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Does cybercrime really cost the UK more than drugs?

The UK government has published a report into the cost of cybercrime. It concludes that the overall cost to the UK economy from cybercrime is 27bn per year. Drug-related crime is estimated to cost the UK 13.9bn a year. The report doesn’t give any real detail of how it came by the number. It does break the total down into different categories, such as IP theft and industrial espionage, but the report acknowledges that calculating such figures is complex because such incidents are typically not reported.”]

Source: https://grahamcluley.com/does-cybercrime-really-cost-uk-society-more-than-drugs/

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