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126 The Financial Cost of Data Breaches Soars to 6 Year High With $4.24 Million Recorded Losses in 2021

The Fintech Times
Tyler Smith @ The Fintech Times · 08/07/2021 04:01 EDT

The Financial Cost of Data Breaches Soars to 6 Year High With $4.24 Million Recorded Losses in 2021

According to data presented by @Atlas_VPN, the average amount of financial damages caused by a #databreach grew around 10% year on year to a recorded $4.24 million in 2021; the highest increase in a single year since the start of the reporting period in 2015.

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