Cost of Data Breaches Rises 10% in 2024 Report

The 2024 Cost of a Data Breach Report by IBM and Ponemon reveals a 10% rise in breach costs to $4.88 million, due to higher business disruption and response expenses. Organizations using security AI and automation saved $2.2 million on average. The report highlights the cybersecurity skills gap, shadow breaches, and costly attack vectors like insider threats. It suggests enhancing data visibility, securing AI projects, and improving cyber response to mitigate financial and reputational risks. Access the full report for strategies to bolster security and control breach costs.

Vendor:: TD Synnex
Posted:: Aug 20, 2024
Published:: Aug 20, 2024
Format:: HTML
Type:: Research Content

Already a Bitpipe member? Log in here

Download this Research Content!

Corporate Email Address:
You forgot to provide an Email Address.

This email address doesn’t appear to be valid.

Please provide a Corporate Email Address.

This email address is already registered. Please log in.
First Name:
You forgot to provide your first name.
Last Name:
You forgot to provide your last name.
Company Name:
You forgot to provide a company name.
Job Title:
You forgot to provide a job title.
Seniority:
You forgot to select your seniority.
Job Function:
You forgot to select your job function.
# of employees:
You did not select the number of employees at your company.
Industry:
You did not select which industry you are in.
Sub-Industry:
You did not select which industry you are in.
Address 1:
You did not provide a full local address.
Address 2:
City/Town:
You did not provide a full local address.
Country:
You did not select the country you are from.
State/Province:

You did not provide a full local address.
Zip/Postal Code:
You did not provide a full local address.
Phone:
You forgot to provide a phone number.

This phone number format is not recognized. Please check the country and number.
- I agree to TechTarget’s Terms of Use, Privacy Policy, and the transfer of my information to the United States for processing to provide me with relevant information as described in our Privacy Policy.
Please check the box if you want to proceed.
- I agree to my information being processed by TechTarget and its Partners to contact me via phone, email, or other means regarding information relevant to my professional interests. I may unsubscribe at any time.
Please check the box if you want to proceed.