IBM Cork team's global study highlights costly data breaches
Hackers using stolen or compromised employee credentials led to the most expensive data breaches over the past year, a study by IBM Security has found.
IBM, which has security development teams working in Cork, published the results of a global study examining the financial impact of data breaches, revealing that these incidents cost companies €3.28m per breach on average. Analysis of data breaches experienced by more than 500 organisations worldwide found that in 80% of cases customers’ personally identifiable information was exposed.
