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The risk of business failure doubles in the event of a cyberattack

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Today, we are focusing on the consequences of cyber attacks on SMEs. The Bessé group, a specialist in insurance brokerage and advice for mid-cap companies, has recently unveiled a study in which it appears that the risk of a company’s default increases by 50% in

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three months following the announcement of the incident. This risk even reaches 80% for French companies. We discuss with Guy-Philippe Goldstein, advisor for PWC on cyberattack and cyber defense issues, to understand the reasons for these strong consequences and how to minimize them as much as possible.

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