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All issues › Volume 309, Issue 2 › IT News › Security

Security Leaders Provide 10 Cybersecurity Predictions For 2024

database Trends and Appications, Thursday, December 14,2023

Breaches and cyberattacks are growing more sophisticated each year despite a growing call for the implementation of more stringent security measures.

According to IBM, the average cost of a data breach was $4.35M last year, the highest average on record, whereas the average cost of a ransomware attack was $4.54M. The average cost of a ransomware recovery is nearly $2M, according to Sophos.

As emerging tools and solutions become available for companies to safeguard against different types of threats, 2024 looks to be another year with a lot on the line.

Here, data security leaders share their thoughts on what lies ahead in cybersecurity for 2024:

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