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47% of US firms suffered data breach resulting in severe financial loss

Approximately 47% of US businesses suffered significant revenue losses due to cyber security incidents, said data protection provider Arcserve. Notably, 80% of businesses surveyed had faced ransomware attacks, with an average of 30% of their data irrecoverable. The report highlights an urgent need for a strategic rethink on data protection for many companies.

Source: www.cfodive.com –

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