Detica: Assessing and Understanding Cyber Security as an Enterprise Risk

Cyber crime is a real and growing threat to business. In Detica’s 2011 report, “The cost of cyber crime”, published jointly with the UK Cabinet Office, we estimated that cyber crime costs the UK economy some £27 billion per annum. Approximately £17 billion of this is due to what we might loosely term ‘cyber espionage’ – mostly the theft of proprietary data, such as intellectual property or sensitive commercial information.