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Fastly Research Reveals Businesses Lost Almost 10% of Their Revenue From Cyber Attacks in the Last Year

Cybersecurity provider, Fastly, has highlighted the significant impact of security breaches on businesses globally in its annual report. On average, it takes organizations up to eight months to recover from attacks. Over the last 12 months, businesses lost 9% of their revenue due to breaches. According to the report, 76% of businesses plan to increase their cybersecurity budgets next year, while 51% of security professionals are also expected to invest in Generative AI.

Source: finance.yahoo.com –

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