According to a survey conducted by Hiscox, a private insurer listed on the London Stock Exchange, the cost and frequency of cyber attacks increased significantly in 2018 compared to the previous year.
More than three in five companies (61%) reported an attack in the past year, compared to 45% in the previous year. The cost of attacks has also increased significantly compared to last year, from $229,000 USD last year to $369,000 USD in 2018 (+61%). In addition, while hackers used to focus...