The average total cost of a data breach declined, but costs increased for many organizations
Data breaches cost companies $3.86 million per breach on average, and compromised employee accounts are the most expensive root cause. Based on in-depth analysis of data breaches experienced by over 500 organizations worldwide, 80% of these incidents resulted in the exposure of customers’ personally identifiable information (PII). Out of all types of data exposed in these breaches, customer PII was also the costliest to businesses. As companies are increasingly accessing sensitive data via new remote … Continue reading The average total cost of a data breach declined, but costs increased for many organizations
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