The average cost of the most severe online security breaches for big business now starts at £1.46m – up from £600,000 in 2014, according to Government research published to raise awareness of the growing cyber threat.
The Information Security Breaches Survey 2015, published by Digital Economy Minister Ed Vaizey and launched at the Infosecurity Europe event, shows the rising costs of malicious software attacks and staff-related breaches and illustrates the need for companies to take action. For small and medium-sized businesses (SMEs), the most severe breaches cost can now reach as…
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