Data breach costs hit new high, so make sure your business is patched

Ransomware

The cost of a data breach keeps increasing year after year, and has now hit an all-time high, a new report by IBM has claimed.

After surveying more than 500 organizations across the world, IBM found that the global average cost of a data breach now sits at $4.45 million, representing a 15% increase compared to just three years ago.