September 11, 2024

Video

Organizations that leveraged AI and automation in safety prevention reduce the price of an information breach by $2.22 million in contrast to people who did not deploy these applied sciences

Organizations that leveraged the facility of synthetic intelligence (AI) and automation in safety prevention reduce the price of an information breach by as a lot as US$2.22 million in contrast to people who did not deploy these applied sciences, in line with IBM’s Cost of a Data Breach Report 2024 printed this week.

The research – which gathered the experiences of greater than 3,500 cybersecurity and enterprise leaders from 600 organizations hit by a breach – additionally listed plenty of components that that influenced the common price of a breach. Talking of which, this price rose to US$4.88 million in 2024, which was up 10 % from the 12 months prior. The healthcare sector was hit the toughest, in line with the research filled with a whole lot of attention-grabbing information.

What drove this enhance and what different insights does the report supply? What are the suggestions to assist reduce the price of a breach? And the way does cyber-insurance come into play? Discover out within the video.

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