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Is Your Company Ready for a Data Breach?

Every year, cyberattacks become more frequent, sophisticated and costly. According to IBM’s Cost of a Data Breach Report 2023, the global average cost of a data breach was $4.45 million, an increase of 15% over three years. Adding to their already devastating toolkits, today’s cyber criminals are increasingly harnessing the power of artificial intelligence to automate and scale their attacks, adding a complex new element to an already rampant problem. Many cybersecurity leaders believe that attacks leveraging AI will become more common.

Original Source:Risk Management Magazine

Original Publication Date:2024/02/27

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