AI and automation reducing breach costs – Week in security with Tony Anscombe
ID: 80f3be49-469d-59e6-9b92-516b724000a4
STIX ID: report--80f3be49-469d-59e6-9b92-516b724000a4
Feed Name: WeLiveSecurity (ESET Research)
A recap of IBM’s Cost of a Data Breach Report 2024 noting that AI and automation in security reduced breach costs by up to US$2.22 million; the average breach cost reached US$4.88 million (up 10% year over year), with healthcare hardest hit. The piece points to additional insights, recommendations to lower breach costs, and the role of cyber-insurance, directing readers to a video for details.
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