Data Breach Statistics 2024 Pdf. Indian cryptocurrency exchange wazirx experienced a significant security breach resulting in the loss of over $230 million in. By investing in advanced technologies, improving detection and response mechanisms, and fostering a culture of security awareness, organizations can better protect themselves against the financial and reputational damage caused by data breaches.
Data breaches are big headaches for companies, and all the more so as the associated costs keep rising. Globally, the average data breach cost climbed.
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Major Data Breaches In 2024 Genna Jordana, The financial burden imposed by data breaches has escalated at an alarming rate, with the average cost rising from $4.9 million in 2023 to a staggering $5 million in 2024.this.