Data breaches are causing severe financial and operational consequences across multiple sectors, notably healthcare, finance, and retail. These can result in business disruption, regulatory fines, post-breach response expenses and reputational damage. Strategies to mitigate these costs include the use of AI and automation, employee training, incident response plans, patching vulnerabilities, and monitoring third-party vendors. Furthermore, while cyber insurance can provide financial relief, it cannot replace comprehensive cybersecurity measures. Understanding the unique costs and impacts of breaches per sector can help formulate targeted cybersecurity strategies.
CISA Warns of Cyberattacks Against Critical Oil and Gas Infrastructure
CISA and other government agencies have issued a warning about cyberattacks aimed at the United States’ critical oil and natural gas infrastructure, highlighting the growing
