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Cyber attacks cost businesses in county $448,353 a month in 2015

Posted On: May. 20, 2016 12:00 AM CST

Data from U.K.-based cyber crime reporting center Action Fraud has revealed that cyber attacks have cost businesses in the U.K.'s Gloucestershire county almost £310,000 ($448,353) per month in 2015.

The average cost per cyber crime totaled £3944, reported Wiltshire & Gloucestershire News. Around 78 incidents were reported every month between March 2015 and March 2016. "Research suggests that around 80% of cybercrimes that are being committed still aren’t being reported," said an official.

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