digital interactions

IBM Security today announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average - the highest cost in the 17-year history of the report. Based on in-depth analysis of real-world data breaches experienced by over 500 organizations, the study suggests that security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic, with costs rising 10% compared to the prior year...Healthcare breaches cost the most by far, at $9.23 million per incident - a $2 million increase over the previous year.

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