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All issuesVolume 304, Issue 1IT Vendor NewsIBM

Data Security: Why A Proactive Stance Is Best

IBM News, Friday, July 7,2023

Threats to your data are virtually everywhere these days, and too often, data compromises seem almost inevitable. But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats.

IBM Security X-Force found the most common threat on organizations is extortion, which comprised more than a quarter (27%) of all cybersecurity threats in 2022. Thirty percent of those incidents occurred in manufacturing organizations. Malware attacks via backdoors made up 21% of all incidents, and 17% were ransomware attacks. For the 12th year in a row, the average cost of a breach was the highest in the US healthcare industry at $10.10 million.

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