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Online crime of greater concern than theft for UK internet users

UK internet users fear cybercrime more than traditional crime such as carjacking, mugging or robbery, according to a new report. But as Internet activity, including online shopping and banking, continues to grow, we’re exploring ways to reduce the risk of cybercrime and seeking providers of alternative methods of staying active online.

The volume of Internet users involved in online retail and banking is increasing rapidly year after year. With the UK internet retail market poised to generate a cumulative turnover of approximately £2bn by 2006, the web represents the fastest growing medium for UK retailers. But as with any market, the criminal mind sees an opportunity when it sees one and the fear of online crime is a growing concern for people in the UK.

A new report from Get Safe Online (GSOL) suggests that more people in the UK fear internet crime than traditional crime such as theft or mugging. In fact, around 21% of the surveyed group highlighted internet crime as the highest risk area, compared to 16% and 11% for robbery and mugging, respectively. The 21% most fearful of Internet crime represents an increase from last year, where the same question garnered a 17% response.

GSOL, like other agencies involved in this area, asserts that awareness and preparedness on the part of the Internet user population is the most effective protection against the apparent risks of cybercrime. Still, 50% of those surveyed indicated clear gaps in their knowledge of online safety, while 76% felt it is the responsibility of government and large companies to protect users and customers from the risks of crime. online. While it is clear that online retailers and bans care about customer safety and are investing heavily to address the problem, it is important to be aware of and take precautions against online crime.

Shopping online is quickly becoming the norm. But Internet search statistics show a wide variation in profiles of online retail users. As online retail revenues show, many people are prepared to transact credit and debit cards online, but a significant proportion of the population uses the Internet to compare products and prices, choosing to shop offline. . Other business models, such as Loot, use a classified-style model that allows buyers and sellers of goods to connect online, but meet in person to conclude any sale, thereby eliminating the possibility of online crime, while reaping the benefits of Internet to locate and compare. products and services.

The GSOL report’s findings are unlikely to stop the seemingly unbridled market for online retail, but it does highlight the problem of internet crime and the reservations of a large proportion of the UK’s online community to contribute to such growth. . . Companies that engage in an online business model are taking progressive steps to reduce the problem, but as long as there is money to be made, criminals will continue to take advantage of the loopholes. It pays for the individual user to take precautions and be aware of what to look for in order to minimize any risk, and for those who choose to refrain from making online purchases, there are companies that allow them to avoid risk altogether.

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