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.
Startup OMass Secures $310M to Advance Drug for Rare Endocrine Disorder
OMass’s molecule is vying to become an alternative to a Neurocrine Biosciences drug that is currently the only FDA-approved therapy for congenital adrenal hyperplasia. But
