What is the average cost of a data breach in the year 2022?

If you overlook the importance of security, it may cost you a very expensive payment.

According to IBM, the cost of an average data security breach in 2021 is USD 4.24 million, it further increased to 4.35 million in 2022. The cost has reached its highest over the past 18 years.

Learn why SMEs experienced 350% more social engineering attacks compared to larger companies