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.
Vulnerability management complexity is leaving enterprises at serious risk
Without centralized data and communication, the remediation process is slow and inefficient. This is often due to fragmented data and siloed processes, hindering collaboration and
