E-Crime Costs UK Retailers £205.4 Million in a Year

Source: British Retail Consortium, 22nd August 2012

E-crime is the biggest emerging threat to the retail sector as the rapid growth in e-commerce in the UK sees new ways of shopping being accompanied by new types of crime.

In proportion to the total value of sales, e-crime is twice as costly as overall retail crime.
At £205.4 million, e-crime represents 0.75 per cent of the £28 billion of online retail sales in 2011. The £1.4 billion cost of retail crime as a whole is 0.36 per cent of the £303 billion value of all retail sales.