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Data breaches cost surveyed companies $4.24 million per incident on average; highest in 17-year report history Adoption of AI, hybrid cloud, and zero trust approach lowered data breach costs CAMBRIDGE, Mass., July 28, 2021 /PRNewswire/ — IBM (NYSE: IBM) Security today announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history of the report.
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