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IBM Report: Cost of a Data Breach Hits Record High During Pandemic

Share this article Share this article Adoption of AI, hybrid cloud, and zero trust approach lowered data breach costs CAMBRIDGE, Mass., July 28, 2021 /PRNewswire/ IBM (NYSE: IBM) Security today announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history of the report. Based on in-depth analysis of real-world data breaches experienced by over 500 organizations, the study suggests that security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic, with costs rising 10% compared to the prior year.

IBM Survey: Pandemic-Induced Digital Reliance Creates Lingering Security Side Effects

IBM Survey: Pandemic-Induced Digital Reliance Creates Lingering Security Side Effects
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MIL-OSI Economics: IBM Survey: Pandemic-Induced Digital Reliance Creates Lingering Security Side Effects

MIL-OSI Economics: IBM Survey: Pandemic-Induced Digital Reliance Creates Lingering Security Side Effects
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HCL Technologies and IBM Collaborate to Modernize Security Operations

HCL Technologies and IBM Collaborate to Modernize Security Operations HCL CyberSecurity Fusion Centers to Leverage IBM Cloud Pak for Security for Unified Threat Management News provided by Share this article Share this article ARMONK, N.Y., April 27, 2021 /PRNewswire/  Today IBM (NYSE:IBM) Security announced it has collaborated with HCL Technologies (HCL) to help unify and streamline threat management for clients via a modernized security operation center (SOC) platform. HCL s Cybersecurity Fusion Centers will be designed to take advantage of IBM s Cloud Pak for Security, to help create a unified security platform to connect security teams, tools and processes across the threat lifecycle. This collaboration builds on HCL and IBM s recent alliance expansion to help organizations with digital transformation.

HCL Technologies and IBM Collaborate to Modernize Security Operations

HCL Technologies and IBM Collaborate to Modernize Security Operations
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