Friday, 24 March, 2023

Every data breaches cost $4.35M globally on average: Report

<p>The yearly Cost of a Data Breach Report was published by IBM Security. It showed that certain data breaches were more expensive and had greater effects. The average global cost of a data breach for surveyed firms reached an all-time high of $4.35M. As per the report&#39;s results, breach expenses have increased by over 13% over the past two years, indicating that these incidences may potentially be a factor in the rising price of goods and services.</p>