Security News > 2019 > August > Cost of data breaches to surpass $5 trillion in 2024

A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well as a greater proportion of business lost as enterprises become more dependent on the digital realm. The research noted that while the cost per breach will steadily … More → The post Cost of data breaches to surpass $5 trillion in 2024 appeared first on Help Net Security.

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