The cost of cybersecurity attacks has risen 10% year-on-year, the highest annual jump since the pandemic, according to an IBM Security report. Nevertheless, the use of AI and automation in cybersecurity has helped decrease the cost of breaches; organizations using extensive AI experienced $2.2 million less in breach costs on average. However, 70% of organizations experienced significant disruptions due to breaches, pushing them to increase security budgets. Increasing breach costs are often passed onto customers, suggesting security is now part of the cost of doing business.

Cybersecurity in healthcare: practical actions to minimise exposure to cyber threats – Partner Content
Healthcare organisations in Australia are increasingly targeted by cyber attacks, notes the Australian Signals Directorate, with the sector being the highest non-government reporting area for