U.K. White-Collar Prosecutions Rise as Cybercrime Threat Grows

Cybercrime is a growth industry.

By Suzi Ring

The number of U.K. prosecutions for white-collar crime rose for the first time in five years in 2015, with cybercrime one of the key areas of growth, according to a law firm’s report.

There were 9,401 white-collar cases last year, up from 9,343 in 2014, according to Pinsent Masons, which obtained the data from the U.K. Ministry of Justice. Until 2015, prosecutions for white-collar offenses had fallen year-on-year since 2011 when 11,261 defendants faced charges. The number of cybercrime cases, while still small, grew 36 percent to 61 last year.

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Source: http://www.bloomberg.com