One of the largest personal data breaches took place on April 8, 2024, leading to nearly 3 billion US citizens having their information leaked on the dark web.
90% of the world’s top energy companies experienced data breaches that stemmed from third-party breaches.
According to the IBM Cost of a Data Breach 2024 report, the financial sector has seen a surge in data breach costs since the pandemic, reaching an average of $6.08 million per incident.
The global average cost of data breaches jumped 10% year-over-year between 2023 and 2024, with the latest figure reaching an alarming $4.88 million.
50% of organizations experiencing data breaches reported that they stemmed from staffing shortages.
Organizations should prioritize a proactive approach to cybersecurity planning, optimize their access restriction policies and address critical staffing shortages.