Despite significant security investments, data breaches continue to escalate in cost, especially in healthcare – the sector with the highest costs and largest increase. Average data breach costs reached a record high of $4.45 million in 2023, up almost $600,000 in three years. The Middle East and the U.S. saw the biggest regional cost increases, while data breach costs in sectors like education and energy have decreased.
Secure Mobile Communications Market Set for Rapid Growth
The secure mobile communications market has emerged as a critical pillar of modern digital infrastructure, driven by the need to protect sensitive information in an increasingly mobile
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