IBM Cost of a Data Breach Report 2024
IBM’s 2024 Cost of a Data Breach Report is now available, offering IT, risk management, and security leaders essential insights for strategic decision-making. This 19th edition of the series highlights the evolving landscape of cybersecurity, including the impact of shadow data—unmanaged data residing in various sources—and the significant costs of business disruption due to data breaches.
Conducted independently by the Ponemon Institute and sponsored, analysed, and published by IBM, this year’s report examines data from 604 organisations affected by breaches between March 2023 and February 2024. Covering 17 industries across 16 countries, the study involved interviews with 3,556 security and C-suite leaders who provided first-hand accounts of these incidents.
Download the report now to understand the risk that cyber crime poses to your business.
Latest resources
Five signs your business needs cyber security as a service
The importance of cyber security cannot be overstated for business continuity, protecting your reputation, and saving costs (as well as avoiding fines). It’s why 75% of businesses and 63% of charities report that cyber security is a high priority for their senior management. That’s where cyber security as a service comes into play, offering expert […]
How to find the right managed IT services first time
There are no two ways about it- selecting your IT service provider is a business-critical decision. Ultimately, you’re trusting your organisations’ cyber security, software management, data security, and IT systems over to a third party- it’s a huge decision to make. The good news? We have made this decision slightly easier for you. We’ve […]
IT security services vs cyber security managed services
These two terms can often be used interchangeably; however, the reality is there are subtle (but critical) nuances that set these services apart. It is vital that your organisation understands these differences, to ensure that you have a comprehensive approach to security that leaves no vulnerability unsecure. Half of all businesses reported some form of […]