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Cost of data breach rises 12% over five years

Posted On: Jul. 24, 2019 5:37 AM CST

A report by US research center Ponemon Institute said that the cost of a data breach has increased by 12% over the past five years to £3.2 million ($4 million) on average globally, Computer Weekly reported. Small and mid-sized companies suffered losses of more than £2 million on average.

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