IBM finds cyberattacks costing companies nearly $4 million per breach

“Data breaches are now costing companies nearly $4 million according to a new report from IBM Security and the Ponemon Institute released Wednesday. The annual Cost of a Data Breach Report provides an in-depth look at the financial implications of small-, medium- and large-sized breaches. Researchers with the Ponemon Institute interviewed more than 3,000 people working for 524 organizations that experienced data breaches between August 2019 and April 2020 from a variety of industries and countries. ” – read more at TechRepublic!