Online crime threat to wholesalers and retailers grows

New statistics from the Government’s Commercial Victimisation Survey, released this week, reveals that there were 228,000 incidents of online crime against businesses in the retail and wholesale sector last year, a “notable increase” on the previous year, business advice consultancy RSM.

Despite the fact there is a degree of overlap between different methods of online crime, the survey found that 42% of cases related to computer viruses, followed by phishing attacks (34%) and hacking (14%).

The Government study found that while most businesses of all sizes have anti-virus or anti-spam software and/or a firewall, other measures such as having a data security policy, restrictions on email or internet use by staff, encryption software or restrictions on portable data storage devices.

Steve Snaith, head of technology risk assurance at RSM said: “As the numbers of devices used by staff in retail and wholesale premises continue to rise, so do the number of weak spots in an organisation’s network. Smaller businesses really need to take this threat more seriously and ensure they have the right controls in place.”

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