The cost of data breaches is rising, with the average global cost reaching $4.88 million in 2024, and over 63% of companies passing this cost onto consumers. IBM’s report advises businesses to invest in AI and early detection tools to mitigate damage. Furthermore, the report highlights the risk of breaches involving public clouds and shadow data, and stresses the need for a robust legal strategy to guide cybersecurity efforts. The prolonged recovery from data breaches also underlines the criticality of proactive measures.

Anne Arundel government has made progress in securing systems since cyber incident, officials say – CBS News
Anne Arundel County government officials have reported making progress in securing systems following a cyber incident. Specific details of the incident were not provided, but