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downloadAccording to a new report from business advisory firm Grant Thornton International, cyber crimes have cost roughly $315 billion over the past 12 months.

Grant Thornton surveyed 2500 global business leaders to put together its International Business Report, which found that 15% have been targeted by attackers during the period (18% in North America). According to the report, “on average, a successful online attack will cost around 1.2% of business revenues.” However, when asked if they have a security strategy in place, only 52% said that they do.

Check out the full report for more details.

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