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IBM Security's Sam Hector Unpacking IBM's ‘Cost of a Data Breach Report’ | SecurityANGLE
September 23, 2024
Sam Hector
Global Strategy Leader, IBM Security IBM
Shelly Kramer
Tech Analyst theCUBE Research
HOST
The 19th annual IBM Cost of a Data Breach Report includes insights from 604 organizations impacted by data breaches. Healthcare has the highest average cost of a data breach at $9.77 million, taking nearly 300 days to contain. The industrial sector has seen increased costs per breach due to financial and chaotic motivations. Law enforcement involvement can reduce breach detection time, while internal security teams are improving in detecting breaches. Post-breach investments include incident response planning, threat detection, employee training, and identity... Read more
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