Cyberattacks, Fraud Cost UK SMBs Nearly $11B
PYMNTS
AUGUST 29, 2019
billion due to cyberattacks , fraud, terrorism and other risk factors, according to new research by insurance broker Gallagher. Seventeen percent also said they spent more than $12,000 to address the issue, while 9 percent said the price tag exceeded $24,400. Small businesses in the U.K. lost an estimated $10.74 on Wednesday (Aug.
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