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Cost of a data breach: The healthcare industry

Cyberattacks are increasing annually in sophistication and frequency, with the global average cost of a data breach reaching $4.45 million in 2023, a 15% increase over three years. The U.S. had the highest average cost per breach at $9.48 million. The healthcare industry once again had the highest average costs at $10.93 million. The report suggests automation, AI cybersecurity, multi-environment storage and engaging law enforcement could help reduce these costs.

Source: securityintelligence.com –

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