The financial damage to British companies from cyber security breaches has doubled in the past year, according to a government-commissioned survey released on Tuesday. Though the number of companies hit by information security breaches was down on the previous 12 months, the survey found that the severity and impact of attacks has increased. The average cost of the worst cyber security breach for big companies was between 600,000 pounds ($1 million) and 1.2 million pounds, up from 450,000-850,000 pounds in the 2013 survey. Cyber attacks on companies in Europe and the United States have increased in regularity and severity in recent years as “hacktivists” and criminals become increasingly sophisticated, requiring businesses to strengthen their defenses.
Cost of cyber attacks on British companies rises -survey
29
Apr
2014
Comments are closed.
SUNDAY, FEBRUARY 23, 2025
WHITE PAPERS
Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...
ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...
Latest Comments
-
04. 05. 2013 00:51 -
28. 03. 2013 13:30 -
27. 03. 2013 17:21