New Delhi: Suffering heavy financial losses due to sudden spurt in the number of cyber crime cases, Britain is exploring the possibilities of approaching India for assistance in dealing with the menace.

The country loses about Rs 1.5 trillion each year to internet frauds and is now pondering over asking India’s help owing to its presence in the information technology sector.

Britain is set to host the biggest international conference on Tuesday to strengthen the cyber security infrastructure.

The two-day conference to be held in London will be attended by US Secretary of state Hillary Clinton along with various leaders and cyber specialists. Minister of State, Telecommunications and Information Technology Sachin Pilot will represent the Indian delegation at the meet.

According to the Spokesman of the British High Commission, Marks Wincley, cyber security is a major challenge for the world. Talking to the reporters, he said, “Britain is looking forward to strengthen its cooperation with India as our country loses about 2.2 billion pound each year due to cyber frauds.”

Second Secretary (Politics) Simon Sharpe said, “British agencies are already working with the Central Bureau of Investigation in India regarding cyber security while London has also sent a proposal to India for a joint research in this regard.”

It is to be noted, India being the third largest nation of internet users is also facing the challenge of cyber security. According to fresh records of the National Crime Record Bureau, there has been 130 percent rise in the number of cyber crimes recorded under Information Technology Act between 2009 and 2010.

According to the Indian Computer Emergency Response System, there have been more than 11,000 cases of harming websites from January to September 2011 of which 6,844 cases have been of in domain. In September alone, 65 incidents of harming government websites were reported in India.