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IBM report: in 2020, the average data breach costs companies $3.86M to remedy, up 1.5% YoY; "mega" breaches involving 50M+ consumer records can cost up to $392M (Charlie Osborne/ZDNet)

Charlie Osborne / ZDNet:

IBM report: in 2020, the average data breach costs companies $3.86M to remedy, up 1.5% YoY; “mega” breaches involving 50M+ consumer records can cost up to $392M  —  When consumer PII is involved, the cost increases.  —  The average cost of a “mega” data breach has risen astronomically …

IBM report: in 2020, the average data breach costs companies .86M to remedy, up 1.5% YoY; "mega" breaches involving 50M+ consumer records can cost up to 2M (Charlie Osborne/ZDNet)
Source: Tech Meme