Average Annual Cost of Cybercrime for Companies Rises 19%

Cybercrime costs are climbing for companies both in the U.S. and overseas amid a slew of high-profile breaches, according to research. A sixth annual study by the Ponemon Institute pegged the average annual cost of cybercrime per large U.S. company at $15.4 million. That's up 19 percent from $12.7 million a year ago.

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