Cybercrime costing every business USD 11.7 mln a year - study

Wednesday 27 September 2017 | 08:32 CET | News
The average cost of cybercrime globally surged to USD 11.7 million per business last year, up 23 percent from USD 9.5 million in 2016 and a 62 percent increase over the last five years, according to a new report from Accenture and the Ponemon Institute. The survey of 2,182 security and IT professionals in 254 organisations revealed that a company suffers 130 breaches per year on average, up 27.4 percent from last year and almost double what it was five years ago. Companies in the financial services and energy sectors are the worst hit, with an average annual cost of USD 18.28 million and USD

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Categories: IT
Companies: Accenture
Countries: World
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