Posted February 24, 2018 12:21:56 A new survey by the UK’s National Fraud Intelligence Bureau (NFIB) shows the UK is the biggest offender of data theft and the country ranks fifth in terms of data thefts.
The NFIB said the survey revealed that data thefts cost the UK approximately £1.1 billion a year, a rise of 17 per cent since the previous survey in 2014.
The report also revealed that the amount of data stolen has increased by an estimated 3 per cent in the last two years, which is a substantial increase.
The report also stated that data theft costs the UK about £60 million a year in lost productivity and lost economic output.
The data theft problem is likely to become a significant problem as data breaches are increasingly common, and the NFIB found that data breaches could affect the UK economy for years to come.
According to the NFIF, about 7 per cent of UK households and businesses reported that they had been the victim of a data breach.
It found that this figure had grown from about 2 per cent a year prior.
According a spokesperson for the NFIPB, the UK currently ranks third in the world for the number of incidents of data breach with about 2,000 incidents reported each day.
This figure is up from about 900 incidents a day a year earlier, the spokesperson said.
In the UK, the majority of data breaches occur through the use of software tools, which can be bought or downloaded for free, and these tools can be used to store large amounts of data.
However, the report found that the software tools are being used by criminals to gain access to private data, and there are also indications that data is being stolen through other methods, such as phishing and fraudsters pretending to be a company.
The latest report comes after a recent report from the US Department of Homeland Security found that there were an estimated 1.5 million cyber attacks per day on federal, state and local government and military personnel.
The DHS said the cyber attacks were often carried out by “malicious actors” that used phishing, social engineering and ransomware to gain unauthorized access to government, military and government organizations.
The DHS said that hackers were also using data breaches to steal the identity of government employees and employees of public agencies, and that the agency had identified approximately 100,000 compromised government and private networks.
The National Crime Agency has also reported a rise in cyber crime in the UK.
In March 2018, the National Crime Recording Centre revealed that UK police recorded 2.6 million cyber crimes and 3.2 million offences related to computer crime in 2019.
This represents an increase of 2 per on the previous year.