Cyber crime accounted for half of all fraud committed in the UK in the first six months of this year, according to a legal expert.
As the channel looks to put more business on the internet and offer security solutions for websites, Steven Philippsohn, senior litigation partner at law firm Philippsohn Crawfords Berwald, warned that such crimes would increase as it became easier for criminals to break online security.
Speaking at the Compsec computer security conference in London last week, Philippsohn said: "The internet is a criminal's charter. There is an increasing number of targets and, despite what people say, buying online is not the same as giving your credit card to someone in a restaurant."
He said there has been a 56 per cent increase in hacking in the UK over the past year, and that internal hackers pose the biggest threat.
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