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Cybercrime threat not taken seriously in Switzerland: KPMG

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KPMG L.L.P. said in a study that businesses in Switzerland have been taking cybercrime threat lightly, reported swissinfo.ch.

Cybercrime cost the country 200 million Swiss francs ($215.8 million) in 2014, said KPMG.

Only half of the 64 firms interviewed investigated the damage caused by cyber attacks, the study said.

Gerben Schreurs, a KPMG partner, said that 7% of firms had not taken any measures in spite of being victims of a cyber attack.

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