Cyber-attacks cost UK businesses over £34bn each year according to a new study from a leading economic analyst. The report also reveals that many CTOs believe the government is not doing enough to help them.

The Centre for Economics and Business Research (CEBR) report claimed that £18bn worth of revenue is lost in cyber incidents each year, while £16bn is spent on IT investments following a breach.

The top concerns when it comes to Data Breaches are costs accrued from forensics and clean-up, legal and other elements, as well as reputation and brand damage.

 

You can read the full story on Infosecurity Magazine

 

 

Contact Us

USA Offices

New Net Technologies LLC
Suite #10115, 9128 Strada Place
Naples, Florida, 34108

New Net Technologies LLC
1175 Peachtree St NE
Atlanta, Georgia, 30361.

Tel: (844) 898-8358
[email protected]

 

UK Office

New Net Technologies Ltd
Rivers Lodge, West Common
Harpenden, Hertfordshire
AL5 2JD

Tel: 01582 287310
 [email protected]

SC Magazine Cybersecurity 500 Infosec Security Winners 2018 CIS benchmarking SEWP Sans Institute Now Certified IBM Security
Copyright 2020, New Net Technologies LLC. All rights reserved. 
NNT and Change Tracker are registered trademarks of New Net Technologies LLC.
All other product, company names and trademarks are the property of their respective owners.