The cost of a data breach is highest for organizations in the healthcare industry, with the average cost of a breach at $9.77 million in 2024, according to IBM’s latest Cost of a Data Breach report. Phishing and stolen or compromised credentials were the two most common attack vectors this year.
This aligns with a finding from Verizon’s 2023 Data Breach Investigations Report: Nearly three-fourths of all data breaches involve a human element, whether that’s an error, privilege misuse, credential theft or social engineering (techniques used by a bad actor to convince a person to provide…
