There is no doubt about it: Internet crime is on the rise. Last week the UK government launched its High-Tech Crime Unit to concentrate on issues that affect everybody from banks and financial institutions, to online stores, to individuals who use their credit cards for online purchases. But amidst the fanfare, questions linger: over the size of the Unit's funding and just what its role will be.
Compared to the $1bn (£700m) set aside by the US for similar operations, the £25m allocated to the UK's online crime fighting unit seems pitiful. Ten million pounds will be used to develop local police force computer crime units, while the remainder will be used to set up the national unit based at a secret location in London.
While some critics have questioned whether this money is enough, others have questioned the government's refusal to break down crime figures -- a move that would help quantify the extent of the online crime problem.
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