The risks from cyberspace (including the internet, wider telecommunications networks and computer systems) have been identified by the Government as a high priority risk. The UK is facing an ongoing, persistent threat from other states, terrorists and criminals operating in cyberspace.
In less than 16 years the number of global web users has exploded from 16 million in 1995 to more than 2 billion today. UK shoppers spent £5.2 billion online during August 2011 – up 14% on the previous year, and cyber-crime has been estimated in the billions per year globally, with untold human cost. Therefore we must act now to protect the value we place in cyberspace.