Research & TrendsNine out of ten Brits believe cybercrime is now as big a threat as offline crime

Nine out of ten Brits believe cybercrime is now as big a threat as offline crime

New research has revealed that 88 per cent of Britons see cybercrime as big a threat as offline crime, whilst 76 per cent of respondents believe the government and large organisations are not doing enough to combat hackers and cybercrime.

New research has revealed that 88 per cent of Britons see cybercrime as big a threat as offline crime, whilst 76 per cent of respondents believe the government and large organisations are not doing enough to combat hackers and cybercrime.

In addition, a huge 93 per cent of people surveyed by online security company Vest think online crime is going to get considerably worse over the next ten years.

 

Security measures

Researchers also asked British internet users what measures they take to avert the threat of computer viruses, hacking or cybercrime, with a security conscious 83 per cent saying they use anti-virus software. However the limitations of the most popular anti-virus solutions in preventing hacking, phishing and scams mean there is still huge room for improvement amongst internet users.

This was further highlighted by the survey finding that just 19 per cent of Britons regularly change their online passwords or use a random password generator. Alarmingly, just seven per cent of internet users in the UK take no personal security measures whatsoever online, whilst 10 per cent avoid banking and shopping online completely due to fear of cybercrime.

 

Victims

Meanwhile 26 per cent of Brits acknowledge they have been confronted with an attempted online scam in the last five years. Over the same period, 8 per cent of Britons have actually suffered financial losses in an online scam, just three per cent less than the 11 per cent who have suffered financial losses in an offline / real-life crime.

Another alarming statistic to emerge from the study was that approximately 7.84 million people have been the victim of a virus or hack in the last five years in which email or personal data was compromised.

Asked what most concerns them about online crime 37 per cent responded ‘potential financial losses, whilst for 30 per cent the main worry is ‘potential theft of personal data’, followed by 14 per cent who fear for their family’s safety.

Stuart Spice from Vest commented: “The sheer scale of online crime, hacking and identity breaches globally and in the UK means most people are familiar with the key issues, even if many of us are not quite sure what to do about it.

“Large companies and government organisations are themselves unable to prevent hacks and online theft of both data and financial assets, so many individuals feel helpless against criminals online, with the threats often coming from beyond the UK. Anti-virus software can only go so far, so ensuring your internet connection is truly secure and following guidelines on matters such as rigid password security can make a huge difference to your online safety.”

Vest’s research on consumer cybercrime experience and perceptions was carried out in March of 2016 and all survey respondents were UK based internet users over the age of 18.

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