What the Growing Costs of a Data Breach Means for the Business

This article has been indexed from Security Boulevard

A recent global research report conducted by Cybereason, titled Ransomware: The True Cost to Business, revealed that the vast majority of organizations that have suffered a ransomware attack have experienced significant impact to the business, including loss of revenue, damage to the organization’s brand, unplanned workforce reductions, and little in the way of relief from cyber insurance policies.

An esteemed panel of subject matter experts will examine the research findings and discuss how organizations can better prepare to defend against and respond to a ransomware attack, and the full on-demand webinar can be found here.

Recently, IBM came out with its Cost of a Data Breach Report 2021. This publication synthesizes the Ponemon Institute’s research of 537 breaches that affected 17 different industries and that occurred across 17 countries and regions. It also draws on nearly 3,500 interviews to understand how much those breaches cost organizations and what decision makers are doing to better defend against security incidents going forward.

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