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Average cost of a healthcare data breach sits at $9.77M

IBM’s 2024 Cost of a Data Breach Report revealed that the average cost of a healthcare data breach dropped by 10.6% to $9.77 million, although the global average cost across all industries rose by 10% to $4.88 million. Despite the drop, healthcare remains the costliest sector for data breaches. Companies are primarily trying to make up for data breach losses by raising prices, with the costs driven up by business disruption and post-breach response actions.

Source: www.techtarget.com –

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