Remove Data breaches Remove Financial Services Remove Unstructured Data
article thumbnail

7 Key Takeaways From IBM's Cost of a Data Breach Report 2024

Security Boulevard

Overview: IBM's Cost of a Data Breach Report 2024About the report IBM’s annual 2024 Cost of a Data Breach Report provides IT, risk management, and security leaders with timely, quantifiable evidence to guide them in their strategic decision-making. million on average, a 13.1% increase from last year.

article thumbnail

How security professionals will rise to the challenge of cyber defense in 2022

CyberSecurity Insiders

Ransomware-as-a-service (RaaS) will continue to grow and become more sophisticated over the next year. By September of 2021, the number of publicly reported data breaches had already surpassed the total of the previous year by 17%. Protecting unstructured data will likely be one of the biggest challenges in the new year.