IT managers will have to do more to deter e-crime as the problem starts to "overwhelm" police, the CEO of a security firm said.
The ever increasing threat of e-crime means firms must be constantly aware of it, but Phil Higgins, CEO of Brookfield Solutions, said the absorption of the National Hi-Tech Crime Unit into the Serious and Organised Crime Agency means law enforcement is falling behind.
He said, "It is getting harder for IT managers. And unless potential e-criminals see some prosecutions, they will not be deterred and the challenges are going to get even greater."
He said banks and other financial institutions appear to have taken over from the police in investigating card fraud and other e-crimes.
And he added that, as levels of support drop, the onus is on IT managers to ensure they are adequately protected.
He said, "E-criminals are getting more organised and they are very intelligent.
"Whether managers are protecting ten users or ten thousand, they need to be well informed and aware of the situation.
"They also need to be aware of the business structure, as well as the processes and procedures of what they are trying to protect."
He said a multi-layered approach was the only way to beat e-crime.
He said, "When it comes to putting together a security strategy you need a holistic approach. You cannot rely on one vendor. These attackers are getting very smart so you need to have a multi-layered approach."