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Important Data to Know in 2024

In 2023, the average global data breach cost was $4.45 million. Finance was the most targeted industry by cybercriminals, with 95.7% of financial institutions experiencing at least one successful attack. Cyber security intrusions increased by 613% from 2013 to 2023. Moreover, cyber security experts are utilising artificial intelligence to detect and respond to cyber security threats. However, a global shortage of about 3.4 million professionals in the industry remains. Meanwhile, ransomware continues to be a growing threat.

Source: www.cloudwards.net –

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