UK Cybercrime agency faces cuts as computer raid threats grow

Staff cuts at the government agency that tackles cybercrime will leave British businesses vulnerable to attack from criminals and industrial espionage, experts say.It has emerged that the Serious Organised Crime Agency (Soca), formed last year, will have to shed up to 400 staff when the Home Office announces its policing budget this week.The Government is also being criticised for last year’s merging of the National Hi-Tech Crime Unit (NHTCU), the police division formed in 2001 to deal with cybercrime, with Soca.The move, which experts say lessened Britain’s defences, went ahead despite evidence that web-based threats to companies were escalting.
http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article2994807.ece

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