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Labrish
Nyuuz
Global data breach costs drop for the first time in five years as AI oversight gap widens
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[QUOTE="Munyaradzi Mafaro, post: 55842, member: 636"] Data breach expenses decreased globally by nine percent to 4.44 million dollars, marking the first reduction across five years. Companies achieved faster incident containment through artificial intelligence and automated security systems. United States organizations experienced opposite trends, with costs rising nine percent to a record 10.22 million dollars. Artificial intelligence oversight presents significant security challenges for businesses worldwide. Research shows 97 percent of companies suffering AI-related breaches lacked proper access controls. Shadow AI usage without official approval adds 670,000 dollars to total breach expenses. Healthcare maintains the highest breach costs at 7.42 million dollars for the fourteenth consecutive year. Ransomware attacks average 5.08 million dollars, while more organizations refuse payment demands. Customer personal information represents the most frequently compromised data type. Malicious insider threats remain the costliest attack method at 4.92 million dollars. Post-breach security investments declined significantly, with only 49 percent of organizations planning additional spending compared to 63 percent previously. [/QUOTE]
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Labrish
Nyuuz
Global data breach costs drop for the first time in five years as AI oversight gap widens
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