howden report

British businesses lost $55 billion to cyberattacks over five years

British businesses have lost an estimated £44 billion ($55.08 billion) in revenue over the past five years due to cyberattacks, with more than half (52%) of private-sector companies reporting at least one incident, according to insurance broker firm Howden.

November 25, 2024
November 25, 2024

British businesses lost $55 billion to cyberattacks over five years

British businesses have lost an estimated £44 billion ($55.08 billion) in revenue over the past five years due to cyberattacks, with more than half (52%) of private-sector companies reporting at least one incident, according to insurance broker firm Howden.