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Average cost of a data breach increases by 16 percent

Tuesday July 19, 2022. 03:08 PM , from BetaNews
A new report released today by ForgeRock shows the average cost of a breach in the US has increased by 16 percent to $9.5m, making the US the costliest place in the world to recover from a breach. It also reveals a massive 297 percent surge in breaches caused primarily by security issues associated with supply chain and third-party suppliers and representing almost 25 percent of all breaches. The report finds unauthorized access was the leading cause of breaches for the fourth consecutive year, steadily increasing to account for 50 percent of all records compromised during 2021. 'This is no… [Continue Reading]
https://betanews.com/2022/07/19/average-cost-of-a-data-breach-increases-by-16-percent/
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