Data Protection August 13, 2024

Cost of a data breach 2024: Financial industry

3 min read - According to the IBM Cost of a Data Breach 2024 report, the average global breach cost has reached $4.88 million — a significant increase over last year’s $4.45 million and the biggest jump since the pandemic. For financial industry enterprises,…

Data Protection August 6, 2024

Cost of a data breach: The healthcare industry

3 min read - Cyberattacks grow every year in sophistication and frequency, and the cost of data breaches continues to rise with them. A new report by IBM and the Ponemon Institute, the 2024 Cost of Data Breach Study, details the financial impacts of…

Risk Management July 30, 2024

Surging data breach disruption drives costs to record highs

4 min read - Security teams are getting better at detecting and responding to breach incursions, but attackers are inflicting greater pain on organizations’ bottom lines. IBM’s recent Cost of a Data Breach Report 2024 found the global average breach hit a record $4.88…

Data Protection October 25, 2023

Cost of a data breach: The evolving role of law enforcement

4 min read - If someone broke into your company’s office to steal your valuable assets, your first step would be to contact law enforcement. But would your reaction be the same if someone broke into your company’s network and accessed your most valuable…

Data Protection October 11, 2023

10 years in review: Cost of a Data Breach

4 min read - Today, the pace of world change astounds us, and cybersecurity reflects that, unlike any other industry. The data from the last decade tells us an amazing — and sometimes troubling — story. In 2014, the average cost of a data…

Data Protection September 27, 2023

Cost of a data breach 2023: Geographical breakdowns

4 min read - Data breaches can occur anywhere in the world, but they are historically more common in specific countries. Typically, countries with high internet usage and digital services are more prone to data breaches. To that end, IBM’s Cost of a Data…

Data Protection September 13, 2023

Cost of a data breach 2023: Pharmaceutical industry impacts

3 min read - Data breaches are both commonplace and costly in the medical industry.  Two industry verticals that fall under the medical umbrella — healthcare and pharmaceuticals — sit at the top of the list of the highest average cost of a data…

Banking & Finance August 30, 2023

Cost of a data breach 2023: Financial industry impacts

3 min read - According to the IBM Cost of a Data Breach Report 2023, the global average cost of a data breach in 2023 was $4.45 million, 15% more than in 2020. In response, 51% of organizations plan to increase cybersecurity spending this…

Data Protection August 28, 2023

Advanced analytics can help detect insider threats rapidly

2 min read - While external cyber threats capture headlines, the rise of insider threats from within an organization is a growing concern. In 2023, the average cost of a data breach caused by an insider reached $4.90 million, 9.6% higher than the global…

Data Protection August 18, 2023

What you need to know about protecting your data across the hybrid cloud

6 min read - The adoption of hybrid cloud environments driving business operations has become an ever-increasing trend for organizations. The hybrid cloud combines the best of both worlds, offering the flexibility of public cloud services and the security of private on-premises infrastructure. We…