"Using Automated Security Protocols Reduce the Cost of Data Breaches, Report Says"

According to IBM's annual "Cost of a Data Breach" report released in July,  the average losses incurred by the public sector worldwide per data breach is the lowest average cost compared to 17 other industries. Researchers examined the costs of data breaches experienced by more than 500 organizations between April 2019 and April 2020. They looked at how much an organization spent on the detection and management of a data breach, in addition to losses resulting from business disruption and the loss of customers after a breach. Security automation and orchestration practices have contributed to U.S. federal government agencies' reduced cost of data breaches. This article continues to discuss the average cost of data breaches incurred by the public sector and other industries and the effect of automated security practices on the cost of data breaches.

NextGov reports "Using Automated Security Protocols Reduce the Cost of Data Breaches, Report Says"