COST OF DATA BREACH 2021
Compromised credentials is the costliest initial attack vector
Overview
The Cost of a Data Breach Report, with independent research from the Ponemon Institute and sponsored by IBM Security, identifies the costs and financial consequences of data breaches.
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Independent, quantitative analysis of 537 recent breaches
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Benchmarks for 17 geographies and 17 industries
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Exceptional insights into security best practices
The proof points and resources from this year’s report can help you effectively prepare, prevent, and respond to a data breach.
Report Highlights
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Security automation effectiveness grew, $3.81 million savings with security automation fully deployed vs. no security automation
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Remote working increased the average cost of breach, $1.07 million cost difference where remote work was a factor in causing the breach
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Mega breaches cost mega millions, 100x cost multiplier of mega-breach cost-increasing costs vs. the average data breach
What can you do to mitigate the risks?
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Password is not enough. Implement Multi-Factor Authentication and Risk-Based Authorization to your applications and systems.
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Protect the keys to your kingdom. Control the use and distribution of powerful privileged accounts such as root and Administrator.
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Right Provisioning. Assign least privilege to users and take them away immediately when no longer required.
We can help. Our people, technology, and methodology are the catalysts that can provide a true Identity and Access Management solution that works for your business.
