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Cyber attacks cost UK firms £34 billion: Survey

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A poll of 500 business leaders in the United Kingdom by internet service provider Beaming Ltd. has revealed that cyber attacks cost U.K. companies more than £34 billion ($41.6 billion) in the year ended March 31, ITProPortal reported. Malware cost £7.5 billion, while data theft cost £6.2 billion. Around 13% of the respondents said that IT infrastructure was damaged by a virus costing £10,516.

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