The cost of cybersecurity attacks has risen 10% year-on-year, the highest annual jump since the pandemic, according to an IBM Security report. Nevertheless, the use of AI and automation in cybersecurity has helped decrease the cost of breaches; organizations using extensive AI experienced $2.2 million less in breach costs on average. However, 70% of organizations experienced significant disruptions due to breaches, pushing them to increase security budgets. Increasing breach costs are often passed onto customers, suggesting security is now part of the cost of doing business.
News – Scroller Home Page – Kelly Benefits data breach compromised over half a million individuals – teiss
Summarize this content to a maximum of 60 words: News – Scroller Home Page – Kelly Benefits data breach compromised over half a million individuals teiss
