Data breach cost for Indian organisations up 39% since 2020: IBM report

Quick Summary:

Compromised business email was the costliest for organisations, costing an average total cost of Rs 21.5 crore per breach.

As many as 34 per cent of breaches in India involved data stored on public Cloud and 29 per cent across multiple environments (including public and private Cloud).

Indian companies that extensively used the two technologies shortened the data breach lifecycle by 112 days and incurred an average Rs 13 crore less in breach costs.

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Article Details

Category: BusinessFinance

Markets: India

Topics: IBM IBM report Cyber security Artifical intelligence Data breach report Data breach AI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 13:43:03 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 690 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21869815

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