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All issuesVolume 309, Issue 2IT NewsSecurity

Security Leaders Provide 10 Cybersecurity Predictions For 2024

database Trends and Appications, Thursday, December 14,2023

Breaches and cyberattacks are growing more sophisticated each year despite a growing call for the implementation of more stringent security measures.

According to IBM, the average cost of a data breach was $4.35M last year, the highest average on record, whereas the average cost of a ransomware attack was $4.54M. The average cost of a ransomware recovery is nearly $2M, according to Sophos.

As emerging tools and solutions become available for companies to safeguard against different types of threats, 2024 looks to be another year with a lot on the line.

Here, data security leaders share their thoughts on what lies ahead in cybersecurity for 2024:

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