Cyberattacks costing firms up to £291,000

Pedro Gonçalves
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Cyberattacks costing firms up to £291,000

More than three in every five firms (61%) experienced a cyber attack in the past year, with average losses associated with all cyber incidents have risen from £180,000 last year to £291,000.  For larger firms cyber-related losses now top £551,000 on average compared with £128,000 a year ago, according to a study commissioned by insurer Hiscox. Phishing attempts are overwhelming the industry, impersonation fraud through spoofed emails and copycat websites has increased exponentially and ...

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