In 2023, the average cost of a data breach reached an all-time high of $4.45 million, a staggering 15% increase over the previous three years. More alarming still, organizations typically require 277 days—over nine months—to identify and contain a breach. During this window, sensitive data remains exposed, customer trust erodes, and financial losses mount by the day. In today's digital landscape, where cyber threats evolve at breakneck speed, organizations cannot afford to be reactive. This is where the critical concepts of due care and due diligence enter the cybersecurity conversation.Post Link: https://www.securityprivacyrisk.com
#InfoSec #CyberRisk #Cybersecurity