Increasingly, online criminals appear to be getting away with it.
The other evening, the head of one our best-known banks asked me if I had any idea about the prevalence of cybercrime.
Every day, he said, his organisation and its customers were under attack. They were swamped, the authorities were swamped.
The following day, I bumped into a friend, a well-known City figure. He was livid his email account had been hacked, money had been stolen, and the bank and authorities seemed not to want to know.
To read the entire article, please click here.