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Cyber attacks cost firms 10% of revenue on average: Research

Posted On: Jul. 18, 2019 7:02 AM CST

Research found that cyber attacks cost businesses in China, Japan and India about 10% of their revenue, or nearly $5 million, on average, Asia Insurance Review reported. The research by U.K.-based insurance broker Willis Towers Watson P.L.C. among others found that cyber attacks cost one in 10 firms more than $10 million.

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