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Cyber crime losses in Warwickshire down by over half in latest national statistics

Cyber dependent crime losses in Warwickshire have dropped by over half in the six month period April - September 2018 compared with the previous six months.

Losses for Warwickshire of £132K compare to national figures which show a 24% increase.

Reporting of cyber crime in Warwickshire has gone up by over 12% in the same period, compared with a national increase of just under 8%.

These are among the latest statistics released by the City of London Police's National Fraud Intelligence Bureau in their cyber crime report of 27 January (see https://www.cityoflondon.police.uk/Pages/default.aspx ).

The figures include details such as the number of reports of cyber crimes made to Action Fraud and the amount of money lost by victims in each police force area. The cyber 'dashboards' show the impact that this kind of crime can have in a local area.

For Warwickshire, it is also estimated that at least 76% of all the fraud crimes reported were cyber enabled (i.e. the fraud crime was made possible via the use of a computer or device).

Other statistics in the report for Warwickshire indicate that people aged between 50 - 59 suffered the greatest from this type of offence. 

The highest losses to the public in Warwickshire due to cyber dependent crime were as a result of 'hacking' of their personal accounts, with hacking of social media and e-mail being the most reported crime.  

However, whilst individuals incurred 76% of such crime, businesses were also targeted, representing 16% of the total. This is similar to national figures.

The top 'malware' (malicious software) method of attack used for such crimes in the period was 'Banking Trojan' malware, with 430 devices being infected.

Detective Inspector Emma Wright, of the Economic Crime Unit, said; "It is good news that Warwickshire has seen a decrease in victim losses from cyber dependent crime.

"We know that cyber crime is under-reported, so the increased cyber crime reporting in Warwickshire is welcome, and could well be as a result of people responding positively to our encouragement to report offences to Action Fraud, the national reporting centre.

"Whilst cyber dependent crime remains fairly low, the figures show that in Warwickshire around 75% of all fraud is cyber enabled and this is a figure we would like to see come down. 

"We have taken significant steps to combat and reduce this type of crime, and we are working closely with our partners across Warwickshire. We have recently established a team of cyber intelligence and investigative staff, with more equipment and training coming through soon. This will enable us to devote more resources to cyber dependent investigations and bear down harder on cyber criminals.

"However, as always, our best results are achieved by working closely with the public and business. They should be on their guard at all times and report any cyber crime to Action Fraud at www.actionfraud.police.uk or 0300 123 2040.

"Remember the following simple ways to guard against cyber crime:

  • ensure that you use strong, separate email passwords for your email account.
  • protect yourself from cyber crime - always install the latest software and app updates on your phone and computers, as they contain vital security updates, helping protect your device from viruses and hackers.
  • consider also enabling two factor authentication (also known as two step authentication or two step login) where services support it.

"Don't be the next cyber victim.

"Members of the public can also find up to date advice and tips on preventing cyber crime at our force website and by following our Digital Police Community Support Officer James Squire, on Twitter - @cyberpcso."

The City of London Police is the national policing lead for fraud, a founding member of the Global Cyber Alliance and hosts Action Fraud, the national reporting centre for cyber crime.

Full statistics for the period April - September 2018 are on the City of London Cyber Crime 'dashboard' published today.

Statistics for Warwickshire include:

Victim losses: £132,064 (compared with £274,113 previously, down 51.8%)

Cyber reporting: 106 cyber dependent crimes (up 12.8%)

Reports of Hacking - social media/email: 36

Victim losses from Hacking - personal: £49K

Issued: 1.15pm, Tuesday 29 January, Nigel Sargeant, Corporate Communications

Published 29/01/19