Tag: #incidentresponse
The healthcare sector has consistently suffered the highest data breach costs, averaging $10.1 million in 2024, marking the twelfth consecutive year of costly incidents. Breaches often involve sensitive data and can take up to 213 days to detect and contain, leading to severe financial, regulatory, and reputational consequences. Small healthcare providers, such as clinics, wellness […]
Top cybersecurity companies are instrumental in mitigating the financial toll of cybercrime, a growing concern as global cybercrime damage costs are projected to hit $9.5 trillion USD annually by 2024, according to Cybersecurity Ventures. This staggering figure breaks down to $793 billion USD per month and $182.5 billion USD every week, highlighting the urgent need […]
The Bassett Furniture ransomware attack has forced the company to shut down its manufacturing facilities, causing significant operational disruptions. Bassett Furniture Industries, one of the largest furniture companies in the U.S., had to shut down its manufacturing facilities following a ransomware attack that began last week. The ransomware attack on Bassett Furniture significantly disrupted its […]