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Ransomware and Data Breaches: Impacts Continue to Grow Louder

Cybersecurity trends in 2023 are mixed, with data breaches, ransomware attacks, and costs fluctuating but overall cyber attack impacts steadily growing. A report highlights that the average cost of a data breach has risen to $4.45 million, a 15% increase since 2020. Healthcare data breaches are the costliest, with an average cost of $10.93 million, representing a 53.3% increase over the past three years. The median ransomware cost has also doubled to $26,000 in the past two years.

Source: securityboulevard.com –

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