The UK must do more to stop online fraud and deter state-sponsored cyber-espionage or risk losing the fight against e-crime, MPs have warned.
The Home Affairs Select Committee said much low-level internet-based financial crime was falling into a “black hole” and was not reported to the police.
The MPs said more officers should be trained in digital crime detection and e-crime experts protected from cuts.
The Home Office said the authorities must “keep pace” with criminals.
Publishing its first report on the subject, the cross-party committee said e-crime took various forms, did not recognise national borders and could be committed “at almost any time or in any place”.
It called for a dedicated cyber-espionage team to respond to attacks, many of which are believed to be backed by foreign governments because they are so sophisticated.
Offences range from attacks on computer networks and the use of viruses to steal data to the use of cyberspace to facilitate traditional crimes such as forgery, sabotage, drug smuggling and people trafficking.
BBC
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