IBM’s new data breach report shows that the average cost of a breach is rising once again.
For the 12th year in a row, healthcare is the industry most impacted by data breaches.
Additionally, 39% of breaches spanned multiple cloud environments, leading to a higher-than-average breach cost of $4.75 million.
Organizations that implement risk-based vulnerability management techniques such as CVE-only prevention see significantly reduced data breach costs (18.3% less).
This report also shows that enterprises that use technology like firewalls and zero-day protection have significant reductions in data breach expenses compared to those that do not.
Here’s what we’re really interested in: the fact that companies with no experience at all in addressing cybersecurity seem to be paying more for each breach, and the increasing frequency and severity of these incidents