Surging data breach disruption drives costs to record highs
4 min read - Security teams are getting better at detecting and responding to breach incursions, but attackers are inflicting greater pain on organizations’ bottom lines. IBM’s recent Cost of a Data Breach Report 2024 found the global average breach hit a record $4.88 million. That’s a 10% increase from 2023 and the largest spike since the pandemic. While the study notes that organizations, on average, improved their time to identify and contain breaches, rising business costs drove the global average breach cost higher.…