British lawmakers have claimed that the country has become the top target of online crooks, paedophiles and terrorists with increasing threat of cyber terrorism.
According to the Mirror, a probe by MPs found banks did not even bother to report everyday online thefts.
Labour MP Keith Vaz, head of the Home Affairs Select Committee, blasted the Government for being far too complacent.
MPs have claimed that most of the attacks, including identity theft, credit card fraud, industrial espionage and child exploitation, were being committed from Eastern Europe.
The report also found out that 12.5 million people had fallen prey to online crimes in the past year at a cost of 1.8 billion pounds.