Will 2023 be another year of continuous data breaches? In 2022, global organizations contended with a ransomware attack every 11 seconds.1 In the third quarter of the year alone, 15 million data records were compromised due to cyber security incidents. The average cost of information loss is $5.9 million, and worldwide cyber crime costs are projected to exceed 10 trillion annually by 2025.
“The past 12 months presents one of the most turbulent and disruptive periods on record, at least as far as security is concerned,” says Check Point’s Chief Product Officer and board member, Dorit Dor. Unless we take drastic action now, the next 12 months may not prove much different, and a confluence of factors could actually render the new year significantly worse.
Cyber security incidents cannot become a new norm. They reduce organizational integrity, and place critical services and individual lives at-risk. How is your organization going to help flatten the security incident curve and cultivate a stronger resilience profile?