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Cyber SecurityThe global average cost of a data breach has dropped for the first time in five years, although not in Canada, a new report indicates.
The average cost of a data breach between March 2024 and February 2025 decreased to $6.4 million from $6.6 million the year before, according to a July 30 report by technology giant IBM and U.S.-based cybersecurity research centre Ponemon Institute.
Although global costs are declining due to less time taken to in…See the Story
Data Breach Costs Decline Globally but Increase in Canada: IBM Report
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