Data breaches are a growing issue with severe financial consequences and damage to company reputation. In 2022, 83% of organizations suffered more than one data breach, costing on average $4.45 million per breach. To combat this, companies are implementing security AI and automation to save costs and utilizing data breach notification software. Cyber insurance premiums are set to reach $20 billion by 2025, providing assistance for immediate damages and legal fees from breaches.

“Rapper Bot” malware seized, alleged developer identified and charged – BleepingComputer
“Rapper Bot” malware seized, alleged developer identified and charged BleepingComputer