The global cost of data breaches increased 15% over the past three years to reach an average of $4.45 million in 2023, according to IBM. This coincides with an increase in the number of cyber-breaches from 1,063 in 2023 to over 1,400. This year, nearly 6 billion records were breached, including 1 billion email accounts. As of 2023, approximately 2.39 million cases of cyber-crime affected UK businesses, increasing the average cost by 8.1% to £4.56 million.
Volkswagen Allegedly Hit by Ransomware Attack as 8Base Claims Sensitive Data Theft
Volkswagen Group has issued a statement addressing claims by the ransomware group 8Base, which alleges it has stolen and leaked sensitive data from the automaker.
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