Cybersecurity and threat detection continues to be top of mind moving into 2023. Data breaches and the capture of sensitive information remain concerns for organizations large and small.
Just in 2022, the average cost of data breaches reached $4.35 million globally—up 2.6% from the previous year, according to an IBM report.
The United States was the costliest country for the 12th year in a row, with an average total cost of $9.44 million—up 4.3% from the previous year, with 60% of businesses having to increase their product prices to account for the costs as a result.
