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💭 What is the true cost of a data breach? IBM Security’s latest Cost of a Data Breach Report 2023 has revealed the global average cost of a breach has reached an all time high this year of $45.5 million, a 15.3% increase from 2020! The report also highlighted the need for better threat detection amongst organisations, with only one-third of companies discovering data breaches through their own security teams or tools. Many organisations only review their cybersecurity capabilities when a breach has already occurred, however the cost of a breach can far outweigh the cost of proactively assessing your level of cybersecurity. Here at BOM we support businesses of all shapes and sizes in remaining cybersecure. Want to find out more about our cybersecurity services? Contact the team at sales@bom.co.uk – we’d be happy to discuss your security needs. 😄 Want to find out what else the report highlighted? Click the link below! https://lnkd.in/eKdegUyG #databreach #data #cybersecurity #MSP #security

Cost of a data breach 2023 | IBM

Cost of a data breach 2023 | IBM

ibm.com

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