Average Cost of a Data Breach: $116M

Shalom Carmel Chief Information Officer at GlobalDots
1 Min read

The authors of the “Trends in Cybersecurity Breach Disclosures” report from Audit Analytics reviewed 639 cybersecurity breaches at public companies since 2011 and discovered that, on average, each cyber breach costs $116 million.

The report found that in 2019, cybercriminals usually targeted customer names, addresses, and e-mail addresses (48%, 29%, and 28%, respectively). In 2018, names and credit card information were the most-sought types of information. Between 2011 and 2019, malware (34%) was the common commonly used method to obtain data, followed by phishing (25%), unauthorized access (20%), and misconfiguration (12% percent). However, almost half (43%) of companies that suffered a data breach kept the type of attack to themselves.

Read more: Dark Reading

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

Latest Articles

Complying with AWS’s RI/SP Policy Update: Save More, Stress Less

Shared Reserved Instances (RIs) and Savings Plans (SPs) have been a common workaround for reducing EC2 costs, but their value has always been limited. On average, these shared pools deliver only 25% savings on On-Demand costs—far below the 60% savings achievable with automated reservation tools. For IT and DevOps teams, the trade-offs include added complexity, […]

Itay Tal Head of Cloud Services
5th December, 2024
The Future of Cybersecurity: Shlomo Kramer’s Bold Predictions for the SASE Era

What does the next decade of cybersecurity hold? Few can answer that better than Shlomo Kramer—co-founder of Check Point and Imperva, and founder & CEO of Cato Networks. In a candid conversation on the CloudNext podcast, Shlomo shared bold predictions and actionable strategies for navigating the challenges and opportunities ahead. From the rise of SASE […]

Ganesh The Awesome Senior Pre & Post-Sales Engineer at GlobalDots
4th December, 2024
Three Ways CISOs Can Combat Emerging Threats in 2025

73% of CISOs fear a material cyberattack in the next 12 months, with over three-quarters convinced AI is advancing too quickly for existing methods to combat it. But what can CISOs do to prepare for the coming wave – and access the resources they need to deal with this evolving threat landscape? To find out, […]

11th November, 2024
How Optimizing Kafka Can Save Costs of the Whole System

Kafka is no longer exclusively the domain of high-velocity Big Data use cases. Today, it is utilized on by workloads and companies of all sizes, supporting asynchronous communication between even small groups of microservices.  But this expanded usage has led to problems with cost creep that threaten many companies’ bottom lines. And due to the […]

Itay Tal Head of Cloud Services
29th September, 2024

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.

    GlobalDots' industry expertise proactively addressed structural inefficiencies that would have otherwise hindered our success. Their laser focus is why I would recommend them as a partner to other companies

    Marco Kaiser
    Marco Kaiser

    CTO

    Legal Services

    GlobalDots has helped us to scale up our innovative capabilities, and in significantly improving our service provided to our clients

    Antonio Ostuni
    Antonio Ostuni

    CIO

    IT Services

    It's common for 3rd parties to work with a limited number of vendors - GlobalDots and its multi-vendor approach is different. Thanks to GlobalDots vendors umbrella, the hybrid-cloud migration was exceedingly smooth

    Motti Shpirer
    Motti Shpirer

    VP of Infrastructure & Technology

    Advertising Services