When it comes to cybercrime, the UK has the dubious honour of being the most commonly targeted country in the world, according to a new study.
Carried out by data security company ThreatMetrix, the research found that British firms are attacked 50 per cent more frequently than their counterparts in the US, and by hackers located as far afield as Nigeria and Mexico.
It also found that ecommerce is currently one of cybercrime’s top targets, with attacks up 20 per cent in the second quarter of 2015, and noted that recent growth in mobile use has given rise to fresh opportunities for fraudsters to conduct spoofing attacks.
Dr Stephen Moody, solutions director for EMEA at ThreatMetrix, commented: “The more businesses and consumers turn to the digital space to store and manage their financial information, the more fraudsters will be on high alert.”
The study’s findings highlight how UK companies must manage key data effectively to protect their customers’ privacy and insure themselves against data loss.
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