Warning on cost of IT security breaches
IT security breaches can cost companies up to four per cent of their annual revenues, according to a new report.
IT security breaches can cost companies up to four per cent of their annual revenues, according to a new report.
The report - Cost of Losing Information - by software company CA found the downtime associated with IT security breaches cost an average of 3.6 per cent of a company’s annual revenues. The survey of 80 large companies was conducted by Infonetics Research on behalf of CA.
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