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Date: April 29, 2024 Mon
Time: 8:37 pm
Time: 8:37 pm
Results for internet crime (u.k.)
1 results foundAuthor: British Retail Consortium Title: Counting the Cost of E-Crime - Executive Summary Summary: Findings from the first e-crime study undertaken by the British Retail Consortium (BRC) are based on responses to a quantitative survey conducted between April and May 2012. The survey was conducted online and supplemented with a series of follow-up qualitative interviews. Respondents were members of the BRC drawn from a selection of key retailing types including supermarkets, department stores, fashion, health and beauty and mixed retail. Taken together, the retailers questioned constitute around 45 per cent of the UK retail sector by turnover. Recent data from the Office for National Statistics (ONS 2011) has highlighted the increasing significance of e-commerce for the UK economy, with an estimated value of online retail sales of £25 billion in 2011. This had increased from £21 billion in 2010. Overall, internet sales growth averaged 15 per cent in 2011 and the sector represented around 10 per cent of total retail spending in the 2010-11 period. Other commentators have put this figure even higher, for example recent research conducted by the Centre for Retail Research suggested that online sales were worth £50.34 billion in 2011. This represents around 12 per cent of the UK retail trade based on their wider definition of retail activity (CRR, 2011). The research suggested that rapid growth in online sales is likely to continue. The majority of respondents (80 per cent) projected growth of between 10 and 40 per cent for 2012-13. Even higher growth was projected for 2013-14, with 21 per cent saying this would rise to 25 per cent or above and 14 per cent saying it would be 40 per cent or higher. The strength of e-commerce in the UK will inevitably be accompanied by increased criminal activity focused on exploiting these new channels. The purpose of this research is to quantify the cost and impact that these offences have on the retail sector. The challenge for all concerned is to respond effectively to this type of crime. Details: London: British Retail Consortium, 2012. 8p. Source: Internet Resource: Accessed October 8, 2012 at http://www.martinfrost.ws/htmlfiles/aug2012/counting-cost-ecrime.pdf Year: 2012 Country: United Kingdom URL: http://www.martinfrost.ws/htmlfiles/aug2012/counting-cost-ecrime.pdf Shelf Number: 126648 Keywords: Computer Crimes (U.K.)Costs of Crime (U.K.)Cybercrimes (U.K.)Internet Crime (U.K.) |