Tag Archives: financial sector

IBM: Data Breach Impact Drives Costs to New Record Highs

IBM

IBM (NYSE: IBM) released its annual Cost of a Data Breach Report revealing the global average cost of a data breach reached USD $4.88 million in 2024, a 10% increase from USD $4.45 million last year, the largest yearly jump since the pandemic. Globally, 70% of breached organizations reported that …

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