Indian SMBs lost upto ₹7 crore in cyber attacks in last 12 months: Cisco
The Hindu
Some 62% of SMBs said they incurred business losses of more than ₹3.5 crore while some 13% of respondents lost over ₹7 crore, because of cyber intrusions, in the last one year, said a study by Cisco
Small and medium businesses (SMBs) in the country who participated in a study said cyber attacks took away ₹3.5 crore to ₹7 crore of their revenues in the last 12 months.
Some 62% of SMBs said they incurred business losses of more than ₹3.5 crore while some 13% of respondents lost over ₹7 crore, because of cyber intrusions, in the last one year, said a study by Cisco on September 27.
Some 74% of domestic SMBs witnessed a cyber incident in the past year, resulting in 85% of them losing customer information to malicious actors, in addition to a tangible impact on business.
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