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Cybersecurity Breach Impact: $250k/Incident (Ponemon Institute Data)

Cybersecurity Breach Impact: $250k/Incident (Ponemon Institute Data)

When a single cybersecurity breach now costs organizations an average of $250,000 per incident – as validated by Ponemon Institute's 2023 global study – what does this mean for operational sustainability? Consider this: A mid-sized company experiencing just four breaches annually would hemorrhage $1 million before counting reputational damage or regulatory fines. Are we witnessing the financial equivalent of death by a thousand cuts?

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