The healthcare industry continues to face the most expensive data breaches, costing an average of $9.77 million in 2024, despite a small decrease from $10.93 million the previous year, according to IBM’s annual report. The industry, prone to ransomware attacks due to its reliance on electronic health records, also takes the longest time to contain breaches. A bright spot is the increasing use of AI in cybersecurity procedures, which lower costs and containment time.

How CISOs And SOC Heads Can Protect The Organization
Social engineering dominates modern cybersecurity, exploiting human psychology to breach systems despite advanced defenses. Techniques like phishing are prevalent. CISOs must foster vigilance through continuous