The average cost of a data breach rose to $4.88 million in 2024, a 10% increase from 2023, according to an IBM report. In response, two-thirds of organizations are investing in AI to prevent attacks. In using AI, companies reported an average savings of $2.2 million in breach costs. Data breaches can lead to financial loss, reputational damage, and legal issues. AI tools, used by major cloud providers, are helping enhance threat detection and data protection, reducing costs, and improving compliance.
Dispersed responsibility, lack of asset inventory is causing gaps in medical device cybersecurity
Witnesses at a House hearing on medical device cybersecurity highlighted the need for better tracking of devices and their vulnerability to cyber threats. They noted
