Breach costs soar as record ransomware payment made
The average cost of a data breach in the UK has soared to £3.58m from March 2023 to February 2024, up 5% compared with the previous 12-month period and reversing a declining trend, with financial services organisations seeing the costliest incidents, followed by professional services and technology, all averaging £5.4m and over. This data, contained…
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