The volume and impact of data breaches have accelerated largely in 2022, which has contributed to many adverse effects for businesses. Tc highlights several updated factors that have generated great costs across 17 countries and regions, and 17 industries. The report has included new related areas of analysis as well. By tripwire.com.
Organizations that had mature cloud security procedures showed a cost decrease of more than half a million dollars over those in the early stages of securing their cloud environments. The highest maturity level in the application of cloud security practices reported a cost of USD 3.87 million, while the lowest maturity level in cloud security practices where no controls are used had a higher cost of USD 4.59 million. Link to survey details in this video presentation.
The key points from the survey:
- Cloud security and remote work
- New key cost factors
- XDR technologies
- Incident response (IR)
- Risk quantification
- Zero trust
The impact of the zero trust security framework on data breaches is analyzed for the second time since the prior year’s report. Organizations saved nearly 1 million dollars in costs by having zero trust deployed. Organizations that had a zero trust framework had an average cost of USD 4.15 million, while organizations that didn’t reported a cost of USD 5.10 million. Good read!
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