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International

Nearly 25% of firms lost at least $1 million each to cyber attacks

October 11, 2019 Reprints

A report by U.S.-based technology firm Cisco Systems Inc. said that nearly a quarter of Indian firms lost at least $1 million each to cyber attacks in the past year, Sify reported citing Indo-Asian News Service. Nearly 40% of the companies experienced a downtime of more than nine hours after their most severe breach, compared with 30% globally.

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Nearly 25% of firms lost at least $1 million each to cyber attacks

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