Cyberattack losses averaged nearly $5 million per year
Posted On: Sep. 6, 2019 6:45 AM CSTA survey by Willis Towers Watson PLC, U.S.-based think tank ESI ThoughtLab and other organizations found that annual losses from cyberattacks averaged $4.7 million in the last fiscal year, CRN reported. Additionally, companies across the world plan to boost their cybersecurity investments by 34% in the next fiscal year, with around 12% planning to increase the amount by more than 50%.