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Friday, 19 July, 2024 - 9:36 PM

What is the cost of a one-hour Internet shutdown on the global economy?

It seems too early to estimate the financial cost caused by the interruption of the Internet on the operations of banks, media companies, and emergency services, and forcing airlines to stop their flights, but according to estimates published by the “Merchant Machine” website, stopping the Internet for an hour causes losses to the global economy of about 1.5 pounds, and the loss is rising. The longer the hours of downtime.

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