The average cost of a data breach is continually rising, and IBM’s 2024 Cost of a Data Breach Report offers valuable insights into the ever-evolving threat landscape. The report, compiled through research conducted by Ponemon Institute, serves as a critical resource for businesses worldwide, helping them understand the financial and operational impacts of data breaches. The study includes data from 604 organizations across 17 industries and 16 countries, examining breaches that ranged from 2,100 to over 100,000 compromised records. As the digital landscape continues to grow, this year’s report highlights several key trends, challenges, and opportunities for organizations to strengthen their cybersecurity defenses.

Key Findings from the Cost of a Data Breach 2024 Report:

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SOURCE Konica Minolta