Hacking attacks, virus outbreaks and other network intrusions hit Britain’s biggest firms at a rate of roughly one a week in 2003, the Department of Trade and Industry said in its annual report on Tuesday. More than two-thirds of all UK companies, including 91 percent of large organizations, reported a digital security breach of some kind last year, the DTI reported. The DTI information security breaches survey comes as a group of British lawmakers are aiming to revamp the country’s lone cybercrime law, a 14-year-old piece of legislation that critics say is inadequate to deal with growing computer criminality. British police earlier this year said cybercrime is costing UK companies hundreds of millions, and perhaps billions, of pounds in lost business each year. Full Story
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