The average cost of data breaches in the US reached $4.45 million in 2023, an increase of 2.3% from 2022 and 15.3% since 2020, according to IBM Security statistics. The findings, based on breaches at 553 organizations in 16 countries across 17 industries, reveal 67% were reported by benign third parties or the attackers themselves, resulting in costs nearly $1 million higher than those detected internally. Of all industries, insurance saw the biggest rise in data breach costs with a 53.3% increase since 2020 to an average of $10.93 million.
What Will Separate Healthcare AI Winners From Losers?
Uma Veerappan of Flare Capital Partners thinks the healthcare AI startups that will come out on top will be companies that integrate seamlessly into workflows,
