Half of UK firms say net is unsafe for trading

19 September 2001
More news

20 September 2001

Only half of UK businesses say the Internet is a safe place for business-to-business transactions, a Confederation of British Industry (CBI) study has found.

Hackers were the main threat to e-business for 45 per cent of the 148 respondents to the CBI's Cybercrime Survey. A quarter said that former and current employees also posed a security risk, with particular concern in the technology, telecommunications and consultancy sectors.

However, e-business fraud itself was less of a concern than loss of reputation because of adverse publicity of being a victim of cyber-crime.

The CBI urged companies to ensure their exposure to e-commerce fraud did not increase.

SMsep2001

LATEST
JOBS
London
GBP70000 - GBP80000 per annum + Bonus + Benefits
Bramwith Consulting
West Sussex
GBP45000 - GBP50000 per annum + Bonus + Benefits
Bramwith Consulting
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE