Cost of data breaches to global businesses at five-year high

Research from business insurer Hiscox shows that the cost of dealing with cyber events for businesses has more than tripled since 2018. The study, which collated data from the organisation’s previous five annual Cyber Readiness reports, has revealed that: Since 2018 the median IT budgets for cyber security more than tripled Between 2020 and 2022 […]

The post Cost of data breaches to global businesses at five-year high appeared first on IT Security Guru.

This article has been indexed from IT Security Guru

Read the original article: