Businesses in the UK have cut the amount of cash they are prepared to spend on cyber security despite the rise in global attacks this year.
According to recent PwC research budgets for security have dropped 60% in the last 12 months with the average cost of an attack at around £850,000. Over the past year the number of cyber threats has risen with several being headline news such as the 'WannaCry' attack which hit the NHS and the more recent 'Bad Rabbit' which spread across Europe.
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