The UK must do more to stop online fraud and deter state-sponsored cyber-espionage or risk losing the fight against e-crime, MPs have warned.
The Home Affairs Select Committee said much low-level internet-based financial crime was falling into a “black hole” and was not reported to the police.
The MPs said more officers should be trained in digital crime detection and e-crime experts protected from cuts.
The Home Office said the authorities must “keep pace” with criminals.
Publishing its first report on the subject, the cross-party committee said e-crime took various forms, did not recognise national borders and could be committed “at almost any time or in any place”.