By the end of 2024, approximately 35.9 billion records will have been breached in 9,478 public incidents. The IT services and software sector had the highest number of breaches. The average global cost of a data breach will be around $4.88 million, up 10% from the previous year. The healthcare sector experienced the highest breach cost, averaging $9.77 million. The average time it takes to identify a data breach is 194 days, with human error contributing to 88% of breaches.
Will Expanding to Life Sciences Reverse AMD’s Stock Decline?
AMD announced its first life sciences collaboration with AI-based drug developer Absci, providing its hardware and software for Absci’s AI drug discovery. Despite AMD also
