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Forums it-sa Expo Knowledge Forum E

Cost of a data breach report 2023: How costly is a data breach and what are the most effective countermeasures?

A data leak costs German companies an average of 4.3 million euros

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calendar_today Wed, 11.10.2023, 15:00 - 15:15

event_available On site

Action Video

south_east

Action description

south_east

Speaker

south_east

Themes

Data security / DLP / Know-how protection SIEM / Threat Analytics / SOC

Key Facts

Cost of a data leak
KI and automation dramatically reduce costs
Study results

Organizer

IBM Deutschland GmbH

Event

This action is part of the event Forums it-sa Expo

Action Video

Action description

One observation is that a data leak costs German companies an average of 4.3 million euros. Furthermore, German companies that rely heavily on AI and automation shorten data leak lifecycles by 81 days and reduce follow-up costs per incident by 1.76 million euros.

Charles Henderson will present these and other exciting findings from the Cost of a Data Breach Report and how you can successfully adapt your company's strategy.