Cybercrime police aim to save UK £500m over four years

The head of the UK's national cybercrime police unit says funding of £30m should help it reach its target of saving UK economy £500m over the next four years

The head of the UK's national cybercrime policing unit says fresh funding will help it prevent £500m of damage to the economy over the next four years.

Police car

New funding for the UK's cybercrime police unit could help it save the UK economy £500m over four years. Photo credit: AndrewHA on Flickr

The government has allocated about £30m to fund the Police Central e-crime Unit (PCeU) until March 2015, to aid in its work leading national investigations into serious online fraud and theft, and improving the ability of local forces to tackle e-crime.

The cash will let the 41-strong unit more than double its manpower to about 90 staff and press ahead with plans to pilot regional centres for digital forensics and cybercrime investigations. PCeU head detective superintendent Charlie McMurdie said the new cash should allow the unit to meet its target of preventing £504m worth of cybercrime-related damage to the UK economy over the next four years.

For more on this ZDNet UK-selected story, see Cyber cops to save UK £500m over next four years on

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