Data breaches expected to cost $5 trillion by 2024

The annual cost of worldwide data breaches will surpass $5 trillion by 2024, with North American businesses absorbing the highest share, according to a newly published Juniper Research report. Current yearly cost totals sit at $3 trillion, which means the jump to $5 trillion in five years represents an average annual growth of 11 percent. … Continue reading Data breaches expected to cost $5 trillion by 2024