Cyberattacks Costing Companies Nearly $4 Million Per Breach – Experts On Report

The IBM security and Ponemon Institute release report that cyberattacks are costing companies nearly $4 million per breach. The report provides in-depth look at the financial implications of small-, medium- and large-sized breaches after interviewing more than 3,000 people working for 524 organizations experiencing data breaches between August 2019 and April 2020. Cybersecurity experts provide an insight on this report below.