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Nearly one-third of firms face up to 10 cyber attacks: Report

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A report by U.K.-based Sapio Research found that more than 30% of local financial firms suffered up to 10 cyber attacks in the last 12 months, Finance.co.uk reported. The report found that financial firms experienced an average of five attacks apiece. Nearly half of IT executives said that small businesses do not know how to implement or use cyber security software.

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