In today’s data-driven world, data breaches are one of the most significant threats facing organizations, with the financial ...
IBM’s latest Cost of a Data Breach report discovered that, from March 2023 to February 2024, the average cost of a data breach globally reached an all-time high of $4.88 million. This figure ...
To prevent data breaches in companies, it’s not enough to train employees and use 2FA (two-factor authentication). You have ...
Overall, the average cost of a data breach climbed nearly 10 per cent to $4.88 million in 2024, from $4.45 million in 2023, the highest increase since the pandemic, IBM said. This was driven by a ...
Asking customers to foot the bill for data breach remediation will not prevent future data breaches or address the issues that cause costs to increase.
The average cost of a data breach in ASEAN grew by 7% from last year as organisations grapple with increasingly distributed ...
The attackers claimed to have stolen 27 terabytes of sensitive data and demanded a $51 million ... Indirect long-term costs Even following the immediate aftermath of a cyberattack, businesses ...
According to the latest IBM® Cost of a Data Breach report, the global average cost of a data breach is $4,88-million, with South Africa estimated at $2,78-million.” The costs of each breach vary, ...
Discover the latest insights on cyberattacks and cybersecurity trends from Bank of America's global research team. Learn more ...
A data breach is an event that exposes confidential, private, or sensitive information to unauthorized individuals. It can ...
As cyber threats continue to evolve, South Africa has found itself grappling with an alarming statistic: the nation now ranks 14th globally in the average cost of a data breach, with 2023 seeing ...