Data Breaches Are Costing Australian Organisations, IBM Report Reveals
IBM recently released its annual Cost of a Data Breach report, revealing that the average cost of a data breach in Australia reached a record-high of AUD $4.26 million (USD $2.77 million) in 2024. This represents a 27% increase since 2020. The report also highlighted that Australian organizations continue to be most threatened by the same threats that had dominated in previous years. Furthermore, with a deep cyber security skills crisis in the country, it’s…
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