Cyber attacks cost big Indian firms $10 mn a year: Microsoft

A large-sized enterprise in India loses an average of $10.3 million annually owing to cyber attacks, a Microsoft-led study said on Wednesday. Cybersecurity attacks also result in job losses across different functions in more than three in five organisations, the study added. “Companies face the risk of significant financial loss…and market reputation,” a Microsoft official said.

This short was originally published on Inshorts, based on an article in TechCircle.

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