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The Cyber Security Place

Identity Theft

Data breaches will cost businesses more than $8 trillion over next 5 years

Reported by wbaltv.com

Criminal data breaches will cost businesses a total of $8 trillion over the next five years, according to a global report from U.K-based market intelligence firm Juniper Research .

The report predicts that more than 2.8 billion personal data records will be stolen by hackers in 2017, and five billion by 2020.

Read the full article at wbaltv.com