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The True Cost of a Data Breach

Ransomware attacks can have long-term financial consequences for companies beyond the immediate costs of the ransom, according to IBM’s Cost of a Data Breach Report. The impact can include legal and insurance fees, regulatory fines, recovery costs, and reputational damage. A breach can significantly impact company earnings and stock prices. Most companies see a drop in net income and stock prices following a breach. A major part of reducing these effects lies in being proactive and open about the breach.

Source: www.shrm.org –

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A National Imperative – Cyber Resiliency

Cybersecurity expert Andrea E. Davis emphasizes the increasing vulnerability of critical infrastructure to cyber threats, highlighting instances such as the 2003 US and Canada power