Chapter 7. Organized Crime
Executive summary
Organized crime has taken to the Internet in a big way. Cybercrime forms a significant ongoing risk for all organizations: if it is worth taking action to secure premises, it is even more worthwhile to secure digital business areas.
Impacts of organized crime
A 2001 global study by the UK DTI found that lapses in security policy had cost businesses between 5.7 per cent and 7 per cent of annual revenues in 2000. European businesses alone, it claimed, lost more than £4.3 billion in that year due to Internet-related crime.
PricewaterhouseCoopers’s European Economic Crime Survey 2001 questioned 3,400 organizations in both the public and private sectors. 43 per cent of them are reported to have said that cybercrime ...
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