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All issuesVolume 310, Issue 2IT NewsSecurity

The Cost Of Dealing With A Cyberattack Doubled Last Year

techradar.pro, Thursday, January 11th, 2024

Worrying statistics show the unavoidable nature of cyber defence

New research from Dell has claimed the cost of global cyberattacks reached a new high in 2023, topping out at $1.41 million per attack, up from $0.66 million in 2022.

In 2023, almost half (48%) of UK-based organizations reported suffering either a cyberattack or incident that prevented access to company data.

The loss of data and systems outages were mainly caused by hardware failures, which was responsible for over half (51%) of all data access issues in the UK.

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