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
What is the NIST Cyber Security Framework?
When it comes to managing and reducing your cyber security risk, the NIST Cyber Security Framework is the most robust and accessible set of guidelines, aligning your entire organisation. The National Institute of Standards and Technology (NIST) Cyber Security Framework is made up of six essential functions to ensure businesses can manage and mitigate their […]
Quantum Computing: The Silent Threat to NHS Data Security
As NHS leaders focus on transformation priorities – shifting care from hospital to community, treatment to prevention, and analogue to digital – a silent threat looms. Quantum computing, while promising revolutionary advances in healthcare, also poses serious risks to the security of sensitive patient data. And that’s regardless of whether an organisation uses quantum or […]
What does cyber resilience actually involve?
Between 2023-2024, there were 7.78 million cybercrimes of all types committed against UK businesses alone. From ransomware to phishing attacks, the risk of a security breach is always looming. These cybercrimes can have disastrous consequences for businesses- from sensitive data breaches to complete system outages- which can come with high financial costs and reputational damage. […]
