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Cyber attacks cost big companies $10 million: Study


A study by U.S.-based Microsoft Inc. and Frost & Sullivan Inc. found that cyber attacks cost big companies in India more than $10 million on average annually, Gadgets360 reported. The study found that mid-sized organizations suffered $11,000 in losses on average. The study also found that 30% of organizations have experienced a cyber attack while 32% of firms have not performed proper forensics or data breach assessment.

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