Cost of cybercrime to businesses duplicates
Date: April 29, 2010Source: ComputerWeekly.com
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The cost of cybercrime to businesses has doubled to more than £10bn over the past two years, research to be released today will reveal.
The survey by professional services firm PwC reveals that 92% of businesses have experienced security incidents over the past year ranging from hacking attacks to accidental leaks of data.
Each incident costs businesses between £280,000 and £690,000 to remedy - a significant increase from £90,000-£170,000 in 2008.
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