Paul Baird reveals the impact of cyber attacks and where to turn for support should you become a victim
Security incidents have huge impacts, whether they are successful or not. From direct costs due to ransomware payments or stolen capital due to business email fraud, through to indirect costs around incident response, clean-up operations and reputational impact, the cost for security breaches is significant. According to IBM’s Cost of a Data Breach Report for 2023, the average cost for a data breach globally was $4.45-million, which has increased by . . .