Data breaches cost Australian businesses a record $4.26 million

By Yajush Gupta · 1 August 2024 · Technology

Data breaches cost Australian businesses a record $4.26 million

Full details: Data breaches cost Australian businesses a record $4.26 million

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Summary

IBM's annual Cost of a Data Breach Report reveals the average cost of a cyberattack in Australia has surged to AUD$4.26 million, a 27% increase since 2020.