Wednesday 04, October 2017 by William Mullally

Middle East companies risking big money in ransomware costs

Worldwide, 30 per cent of companies have had ransomware infections, causing massive costs in sales and productivity, according to a recent survey by Imperva for security firm RSA. Data loss costs an average business USD 914,000, according to Dell EMC. News reports saying one recent cyberattack cost a shipping company USD 300 million.

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