$4.35 million. That’s the average total cost of a data-exposing cybersecurity incident, according to the Ponemon Institute’s “Cost of a Data Breach Report 2022.” That’s an all-time high, up 12.7% from 2020.
Between the potential loss of trade secrets, reputational harm, and regulatory fines related to data privacy, data breaches can threaten an organization’s very existence. And if you don’t take proactive measures to prevent them, the circumstances that led to one breach can easily result in another. Eighty-three percent of breached organizations report having suffered more than one such event.
