Ibm report: escalating data breach disruption pushes costs to new highs

Intellectual property theft spiked; more than one-third of breaches involved shadow data yet use of ai/automation cut breach costs by $1.88 million cambridge, mass. , july 30, 2024 /prnewswire/ -- ibm (nyse: ibm) today released its annual cost of a data breach report revealing the global average cost of a data breach reached $4.88 million in 2024, as breaches grow more disruptive and further expand demands on cyber teams.
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