Data Exfiltration Extortion Now Averages $5.21 Million According to IBM’s Report
According to IBM's 2024 Data Breach Report, the financial toll of data exfiltration extortion has surged, with the average cost now reaching $5.21 million per incident. This alarming trend highlights the growing sophistication of cybercriminals and the increasing financial risks organizations face when sensitive data is compromised. As data breaches continue to escalate, businesses must prioritize robust cybersecurity measures to mitigate these costly threats.