Breach Incident Costs Just Got Bigger
Data breach statistics for Q1 2024 compared to Q4 2023:
While slightly lower than the projected growth rate, cybercrime is predicted to cost the world $9.5 trillion USD this 2024.
The overall damage from global cybercrime is expected to grow by 15% a year, reaching $10.5 trillion USD annually by 2025.
source: itgovernance.co.uk