Cyber Threats And The Growing Complexity Of Cybersecurity And IT Infrastructure Management
What are the main cybersecurity concerns discussed at the Collision Conference?
The main cybersecurity concerns discussed at the Collision Conference include the rise of data breaches and their costs, increasing regulation and disclosure guidelines, ransomware attacks and their uncertainties, and adapting to evolving threats within complex IT environments. The conference also highlighted the importance of leveraging real-time data and AI for proactive defense and building client trust.
How much did the average data breach cost globally in 2023?
The average cost of a data breach globally in 2023 was $4.45 million, a 15% increase over 3 years. This includes costs related to detection and escalation, notification, post-breach response, and lost business.
What investments are organizations making to enhance cybersecurity?
Organizations are increasing their cybersecurity spending in various areas, including incident response planning, staff training programs, advanced threat detection and response tools, and AI-driven technologies. The main goal is to better manage cyber risks and maintain comprehensive IT infrastructure visibility amidst the growing threat landscape.