IBM Security announced last month, the results of a global study indicating new record costs per data breach incident - on average, $4.24 million per incident - the highest cost in the study's 17-year history.
Companies have been forced to quickly adapt their business to the current situation by moving to working remotely.
60% of organizations migrated their activities to the cloud, a solution that also generated some security problems since, companies that suffered a breach during a cloud migration had a cost 18.8% higher than the average. "Higher data breach costs are another expense for companies following the rapid technology changes implemented during the pandemic"said Chris McCurdy, vice president and general manager of IBM Security.
The study, conducted by the Ponemon Institute, and sponsored and analyzed by IBM Security, identified a number of trends among the organizations studied:
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