Cyber crime expenses the UK manage to buy 27bn a year, the supervision has said.
The figures, published is to initial time, are a mid-range guess and the actual cost could be sufficient higher.
They are made up of 21bn of expenses to businesses, 2.2bn to supervision and 3.1bn to citizens.
Security apportion Baroness Neville-Jones mentioned the supervision was gritty to work with attention to plunge into cyber crime.
At the moment, cyber criminals are "fearless since they do not regard they will be caught", she mentioned in a lecture in middle London.
But efforts to obtain a hold on the complaint had been hampered by firms who did not wish to confess they had been the victims of attacks for apprehension of "reputational damage".
This moreover meant that it was tough to fairly guess the cost to the manage to buy - and the "worst box scenario" was expected to be sufficient larger than 27bn.
"It is a bit similar to terrorism - the more you know the more hair-raising it looks," mentioned Baroness Neville-Jones.
But she mentioned the supervision was not at "panic stations", adding that it had a plan to plunge into the complaint and had committed 650m over the next 4 years to it.
Baroness Neville-Jones, Prime Minister David Cameron and Foreign Secretary William Hague met the bosses of a few of Britain's greatest businesses, inclusive Barclays, HSBC, Tesco and BA, on Monday to titillate them to take the complaint more seriously.
The supervision is due to betray a plan to interrupt cyber criminals and make sure more of them were prosecuted "in the spring" and had concluded to form a joint working organisation with attention to plunge into the problem.
Baroness Neville-Jones mentioned a few of the cyber crime wake up was "state-sponsored" but nonetheless the supervision had the capability to set upon back it was "anxious not to obtain into a barney with kind countries" over the issue.
It would instead concentration its efforts on fortifying itself from cyber assault - that she mentioned was the many efficient plan as it was frequently tough to work out where the attacks were forthcoming from.
She mentioned the supervision moreover longed for to help attention erect up its defences and skill - so they were improved able to recognize and attend to safety breaches.
"There are many companies in the nation who do not know what the normal running } performing of their systems looks similar to since they do not obviously know enough about their own systems," she said.
There was moreover a complaint with "assurance" - either companies could certitude staff not to trickle blurb secrets to rivals.
Martin Sutherland, arch senior manager of Detica, the consultancy that gathered the inform with the Cabinet Office, mentioned the perpetrators of cyber crime ranged from "state-sponsored" criminals to organized crime gangs down to "spotty teenagers sitting in their bedrooms".
The cost to business of 21bn is more than twice the Home Office's annual bill and, according to Mr Sutherland, is "twice as large as the cost to business of normal earthy attack".
He mentioned "the days of on foot into bank with a stocking over your head and a sawn-off shotgun are over" and criminals were increasingly working online where the luck of being rescued were sufficient smaller.
He added: "As crime's vanished digital, this inform estimates is to initial time the actual cost of cyber crime to the UK.
"By bargain that business bears the weight of over 3 buliding of the 27bn cost of cyber crime you are improved placed to defend and safeguard properties major to every business zone in today's companion marketplace place.
"The next step is to delineate a more targeted reply to IP burglary and industrial spying in particular".
Nearly half of the 21bn cost to business is made up of egghead property burglary - such as the burglary of designs but not unlawful record sharing, that is not enclosed in the figure. But industrial espionage, such as the burglary of blurb secrets, was moreover a poignant problem.
Intellectual property burglary cost 9.2bn, industrial spying 7.6bn, this was followed by extortion, that cost 2.2bn, and send online theft, that cost business 1.3bn. Some 1bn was mislaid by burglary of patron data.
The hardest-hit sectors were pharmaceuticals, biotech, electronics, IT and chemicals.
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