Data Breaches 101: Breach Types
You may have heard a word or two about data breaches lately. They’re becoming increasingly common, and it seems like you can’t go a week without hearing about another one.
It seems like that because statistics show that cybercriminals steal or compromise 68 records every second. If your organization isn’t already a victim of a data breach, chances are that you eventually will be, especially if you don’t have proper security measures in place.
It’s hard to quantify the worst thing about data breaches because each one is different. So far the average data breach costs $4.35 million in 2022. But it’s not just money spent on lost business or paid ransoms. It’s also time spent getting back online, making things right with customers, trying to undo reputational damage. Many organizations never recover.