Search/Russian cyberattacks against UK are 'Putin Tax' costing $3.3 billion, says lawmaker
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Russian cyberattacks against UK are 'Putin Tax' costing $3.3 billion, says lawmaker

Russian cyberattacks against UK are 'Putin Tax' costing $3.3 billion, says lawmaker The British government is failing to measure what Russian cyberattacks, sabotage and threats to critical infrastructure are costing the country, according to a lawmaker’s report published Wednesday. The report, which gives its own estimate of between £2 billion and £2.5 billion ($2.6 billion to $3.3 billion) a year — a figure described as a floor — is titled The Putin Tax and written by Labour MP Graeme Downie, alongside postdoctoral researcher Dominic Reed. Its authors say their methodology in arriving at that figure was limited, but stressed the principal point was the lack of an official alternative. Ahead of what is expected to be a difficult first budget from Prime Minister Andy Burnham’s new…

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therecord.media
Published
Oct 7, 2026
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