Protecting from Data Breaches Requires Prevention Focused Tools (Communities - News & Events)
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Item ID 16297877 in Category: Communities - News & Events
Protecting from Data Breaches Requires Prevention Focused Tools | |
Data breaches have hit an all-time high. The cost of a breach, according to IBM, is now a whopping $4.35 million this year. When phishing is the initial attack vector, the average cost rises to $4.91 million; Business Email Compromise attacks cost $4.89 million. Breach costs have increased by nearly 13% over the last two years, causing 60% of companies to raise their prices to consumers. In some industries, that number is even higher. In healthcare, for example, the average breach cost is $10.1 million. This was the 12th year in a row that healthcare topped the list. Finance is right behind at $9.23 million. Data breaches are becoming ever more expensive both in terms of the number of lost records and loss of customer trust. Hackers want this information because it pays. For example, according to a report from Comparitech, a stolen credit card number can go for $17.36 on the dark web. A stolen PayPal account can go up to $197. The real jackpot, though, is medical records. According to Experian, a stolen medical record can go for up to $1,000. In 2020, some 29 million healthcare records were breached. Plus, the average cost of a healthcare-related data breach was $9.23 million, the highest of any industry, and up from $8.13 million in 2020. For more details please visit our website - https://www.grcviewpoint.com/protecting-from-data-breaches-requires-prevention-focused-tools/  | |
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| Target State: New York Target City : New York City Last Update : Nov 17, 2025 5:16 AM Number of Views: 7 | Item Owner : grcviewpoint Contact Email: (None) Contact Phone: (None) |
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2025-11-17 (0.226 sec)