Cyberattacks Cost UK Businesses $55 Billion Over Five Years

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Howden Insurance Brokers revealed today that UK businesses have suffered losses amounting to £44 billion ($55.08 billion) over the past five years due to cyberattacks. At least 52% of private sector companies reported experiencing at least one cyberattack during this period. The company stated that cyberattacks cause average revenue losses of 1.9%, with businesses generating […]