In a recent ‘The Cost of Cyber Crime’ report, the government estimated Cyber Crime costs the UK economy around £27bn a year. Businesses paid around £21bn, the Government £2.2bn and citizens £3.1bn (Gov.uk, 2011). Some of the hardest hit UK businesses and organisations include: manufacturing, financial services, power suppliers, engineering firms, along with Government departments, even academic institutions and charities.
Dr. Westmacott who is the Chair of the BCS’ Young Professionals Information Security Group stated: “Cyber Crime affects the economic well being of individuals, companies and organisations. As technology becomes more affordable and available, the potential opportunities for criminals and hackers to mount attacks increase. Effective prevention and policing of cybercrime by government and the private sector carries with it a number of logistical, financial and ethical challenges.”
Key issues for discussion will include:
The Labour conference will be held on the 24th of September in Brighton, while the Conservative conference on the 30th of September, in Manchester.
Confirmed panellists for the Labour conference event on 24 September include Chi Onwurah MP – Shadow Minister for the Cabinet Office; Dr Michael Westmacott – Portcullis Computer Security and Stella Creacy MP – Shadow Minister for Crime Prevention, with Paul Waugh, Editor in Chief of Politics Home as Chair.
The panellists for the Conservative event on 30 September include Dr Michael Westmacott – Portcullis Computer Security; James Brokenshire MP – Parliamentary Under-Secretary of State (Crime and Security) Home Office and Chloe Smith MP – Parliamentary Secretary (Minister for Political and Constitutional Reform) Cabinet Office, with Paul Waugh, Editor in Chief of Politics Home as Chair.
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