A report by IBM has revealed that the average cost of a data breach has reached an all-time high of $4.5m, with remote working increasing the cost by roughly $1m. Cyber attacks on Ukrainian infrastructure by Russia and retaliatory attacks from Ukraine have caused widespread data breaches. Among other significant breaches were attacks on Costa Rica’s financial operations by Russian cyber gang, Conti, and on major companies such as Nvidia, Ubisoft, Samsung and Microsoft by the Lapsus$ group, and a crypto theft worth $540m by North Korea’s Lazarus Group.
Incident response plans can lessen impact of cyber incidents: Expert – businessinsurance.com
Incident response plans are crucial for mitigating the effects of cyber incidents, according to experts. These plans enable organizations to respond effectively, reducing damage and
