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Jul 28, 2021 · The average cost of a data breach in Canada hit a record high last year as companies grappled with new cybersecurity risks during the COVID-19 pandemic. According to a new report from IBM Security,...
Jul 30, 2024 · Canadian organizations embroiled in data breaches wind up paying an average $6.32 million to resolve the incidents, a new study from IBM says. That total is down from 2023, when Canadian...
Jul 28, 2021 · The average cost of a data breach in Canada hit a record high last year as companies grappled with new cybersecurity risks during the COVID-19 pandemic. According to a new report from IBM Security,...
To calculate the average cost of a data breach, this research excludes very small and very large breaches. Data breaches examined in the 2020 study ranged in size between 3,400 and 99,730 compromised records.
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Jul 30, 2024 · Canadian organizations embroiled in data breaches wind up paying an average $6.32-million to resolve the incidents, a new study from IBM says.
This year has also been marked by the highest ransoms and the highest payouts. 1 In Canada, the estimated average cost of a data breach, a compromise that includes but is not limited to ransomware, is $6.35M CAD. 2. The Cyber Centre has knowledge of 235 ransomware incidents against Canadian victims from 1 January to 16 November 2021.
Mar 18, 2023 · A new report from Mastercard shows that the average data breach costs Canadian businesses $5.64 million while only 39 per cent of businesses are implementing adequate cybersecurity tools.
