Tag: cost of a data breach report
2 articles
Ransomware Costs Exceed Ransom Payments
The real cost of ransomware goes far beyond the initial payment, with average incidents costing a whopping $5.08 million - a number that dwarfs the median ransom payment of $139,875. Downtime is a major culprit, with organizations often underestimating the hours and days of lost productivity that add up to a hefty bill.
Data Breach Costs Soar to $5 Million Average Globally
The global average cost of a data breach has skyrocketed to a record $4.99 million, with organisations facing a daunting 602 incidents on average, and experts warn that a reactive security approach is no longer enough to keep up with today's rapid-fire cyber threats. To stay ahead, businesses must shift to a continuous, autonomous defence - or risk being left in the dust.