Fear of ‘brand damage’ means less than 5% of businesses report online attacks

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Half of Irish companies have been victims of economic crime within the past two years — up from 34pc in 2016 and 26pc in 2010, according to a recent report from PwC on economic crime (stock image) Brand damage and embarrassment are among the reasons given for the under-reporting of cybercrime by Irish businesses to gardai. But, from a prevention and awareness level, it is important that this crime is reported, according to Michael Gubbins, Detective Superintendent and head of the Garda National Cyber Crime Bureau. It is estimated that…

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