Businesses confess: We pass cyberattack costs onto customers

FanJ · Jul 29, 2022

The Register - 29 Jul 2022
https://www.theregister.com/2022/07/29/ibm_data_inflation/

The costs incurred by organizations suffering data losses continue to go up, and 60 percent of companies surveyed by IBM said they were passing them onto customers.
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According to Big Blue, the average cost of a data breach worldwide rose almost 13 percent over the past two years, hitting an all-time high of $4.35 million. In addition, the effects of those attacks are widespread and lingering, Big Blue revealed in its annual Cost of a Data Breach Report, released on Wednesday.
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IBM Report - Jul 27, 2022
IBM Report: Consumers Pay the Price as Data Breach Costs Reach All-Time High
https://newsroom.ibm.com/2022-07-27...rice-as-Data-Breach-Costs-Reach-All-Time-High

60% of breached businesses raised product prices post-breach; vast majority of critical infrastructure lagging in zero trust adoption; $550,000 in extra costs for insufficiently staffed businesses
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Businesses confess: We pass cyberattack costs onto customers

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Businesses confess: We pass cyberattack costs onto customers

FanJ Updates Team

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