The costs associated with data breaches continue to grow at a pace that exceeds the resources available to protect the organizations dealing with the breaches. Two new reports, from IBM and EY, make that same point with different data and slightly different, but definitely related, conclusions. Together they provide a picture of security incidents that are inevitably expensive but can be made less so through careful planning.
With approaches that include working to prevent incidents and preparing to deal with incidents when they do occur, the studies show that many organizations have yet to effectively create a cybersecurity strategy that meets the needs of the business — or the incident at hand.
Read more about the findings of the two studies on DarkReading.