Global Survey Finds Cyber Incidents Cost Organizations $3.7M on Average in the Past Year | INN
A recent Red Canary report, based on a survey of 550 security leaders, reveals that cyber incidents cost organizations an average of $3.7 million in the past year, with 46% experiencing service disruptions. The report also highlights the increasing reliance on AI in cybersecurity, with 85% of leaders concerned about being overwhelmed by missed threats if automation isn’t adopted, though they also cite AI-generated attacks as a top concern.