Britain Losing Battle Against Internet Crime, Lawmakers Say

LONDON: Britain is losing the battle against cyber crime and needs a new crack crime unit to fight the growing problem in cooperation with its global partners, particularly the European Union, a panel of lawmakers said in a report on Tuesday.

The Home Affairs Committee, which scrutinises the government's domestic policy, said the "state-of-the-art espionage response team" would encourage companies, banks and institutions to report hacking attempts to uncover the full extent of online crime and halt its rise.