The Cost of Data Breaches is Soaring:
Statistic: The average cost of a data breach reached a record high of $4.45 million in 2023. Source: IBM Cost of a Data Breach Report 2023
Ransomware Remains a Dominant Threat:
Statistic: Ransomware attacks continue to be a major concern, with a significant percentage of organizations experiencing them. While exact numbers vary, reports indicate that a substantial portion of malware attacks involve ransomware.
Phishing Attacks Are Still Highly Effective:
Statistic: Phishing continues to be one of the most common attack vectors, with a large percentage of breaches originating from phishing emails or messages. Source: This is consistently reported by various sources, including the Anti-Phishing Working Group (APWG) and security firms.
Strategy, Design, Implementation, Management.
- Information Security Governance: This domain is about establishing and maintaining a framework to ensure that information security strategy is aligned with organizational goals and objectives.
- Information Risk Management: This domain focuses on identifying, assessing, and mitigating information security risks.
- Information Security Program Development and Management: This domain covers the development, implementation, and management of an information security program.
- Information Security Incident Management: This domain focuses on planning for, detecting, responding to, and recovering from information security incidents.
Get Right Solution For Your Business
Choosing the proper governance framework from which to build your information security program, helps set the stage for developing a comprehensive program.
- CIS V8 Controls
- NIST CSF
- ISO 27001
- HIPAA
- SOC2
- COBIT
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Cost of a Data Breach Reports via IBM and Verizon
The 19th annual IBM Cost of a Data Breach Report, independently researched by the Ponemon Institute, analyzes 604 data breaches from March 2023 to February 2024. Key findings reveal a 10% increase in the average global breach cost to $4.88 million, driven by business disruption and post-breach responses.
Consulting From Experienced Consultant.
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