An increase in cyber attack fines highlights firms’ need to tighten security
Open Access Government - Technology News
SEPTEMBER 9, 2022
It showed the number of companies that reported receiving a fine following a cyber attack almost doubled from 11% in 2021, to 20% in 2022. A fine at even a fraction of these costs could spell serious trouble for many companies’ financial futures, which only underlines the importance of a strong cyber security suite. Loss of customers.
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