Hich Needs To Be Addressed At Multiple Levels According 39 Cost Ofa Data Breach Report From Ibm News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kolkata ( West Bengal) [India], November 1 (ANI/BusinessWire India): Cybersecurity has been a growing concern in the last decade or so. It is, in fact, assessed to be a USD 6 trillion problem, which needs to be addressed at multiple levels. According to 'Cost of a Data Breach Report' from IBM, the average cost of a single data breach can be approximately valued at around USD 3.86 million. In recent years, owing to a lingering pandemic, organisations had to evolve quickly and allow employees to use a hybrid model of work. This solved one set of challenges, while giving birth to a whole new set of subsequent problems. In the hybrid model, while millions of employees worked from home, data transmitted on unsecured networks led to a massive spike in breach of security cases, worldwide. Not only was the data of organisations compromised by hackers and under threat of getting wiped out, but they were also made to pay millions in 'ransom' to recover it safely. The alarming sit ....

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