Despite advances in digital security, data breaches continue to pose significant threats. Major security breaches in 2023 included a cyber attack on over 2000 businesses and public organisations using an exploit in the MOVEit Transfer software, the breach of a staggering 815 million Indian citizens’ data, the hacking of 17,000 WordPress sites, a ransomware attack on aviation giant Boeing, and a data breach at genetics testing company 23andMe. These incidents highlight the ongoing challenges in securing sensitive information.
From financial services to healthcare: Top sectors that faced highest cybersecurity threats in 2024
The financial services and healthcare sectors faced the most data breaches and cybersecurity risks in 2024, with the healthcare sector’s average cyber-attack cost being 25%