AI and automation reduce breach costs – Week in security with Tony Anscombe

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Did you know? Organizations that used AI and automation in security prevention saved $2.22 million on data breach costs compared to those who didn’t, as per IBM.

Discover how leveraging artificial intelligence (AI) and automation in security can drastically reduce the cost of a data breach. IBM’s Cost of a Data Breach Report 2024 sheds light on this important finding.

Based on insights gathered from over 3,500 cybersecurity and business leaders across 600 breached organizations, the report highlights key factors influencing breach costs. In 2024, the average cost spiked to $4.88 million, with the healthcare sector bearing the brunt.

Curious about the driving factors behind this increase and the report’s recommendations for cost reduction? Dive into the video below.

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