British businesses lost $55 billion to cyberattacks over five years

British businesses have suffered £44 billion in revenue losses due to cyberattacks over the past five years, with 52% of private companies experiencing at least one incident. Email compromises (20%) and data theft (18%) were the most common attacks. Despite the threat, only 61% use anti-virus software and 55% have firewalls. The findings come from a YouGov survey of 905 IT decision-makers, commissioned by insurance broker Howden.READ FULL