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SA Data Breach Costs Reached Record Highs During Pandemic - IBM - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

IBM Security announced the results of a recent study that found that data breaches now cost South African companies $3-million (R46-million) on average โ€“ the highest cost in the 6-year history of the report. Worldwide, the average financial damages caused by a data breach increased by nearly 10% year over year to $4.24 million in […]
South Africa South African Ponemon Institute Sheldon Hand Security Business Unit Leader Additional Data Breach

IBM Report: Cost of a Data Breach Hits Record High During Pandemic

Share this article Share this article Adoption of AI, hybrid cloud, and zero trust approach lowered data breach costs CAMBRIDGE, Mass., July 28, 2021 /PRNewswire/ -- IBM (NYSE:ย IBM)ย 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 โ€“ 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 ...
United Kingdom Cassy Lalan Chris Mccurdy Institute For Business Value Ponemon Institute Data Breach Report

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