Cyberattack Costs Skyrocket to $1.41M Per Hit: Is Your Business Next?

Cyberattacks are now more expensive than your last online shopping spree, hitting a record $1.41M per glitch. UK businesses, keep your digital wallets tight – 48% have already felt the cyber pinch! #CyberattackCosts 🛡💸

Hot Take:

As if 2023 wasn't wild enough, cyberattacks decided to go for the gold, literally, with the price per hack skyrocketing faster than a Bitcoin during a bull run. UK businesses are playing digital dodgeball, trying to avoid getting smacked by the cyberattack ball. And in the corner, we've got Generative AI, flexing its muscles as the new cyber-savior, while also accidentally leaving the data cookie jar open for cyber-thieves. Meanwhile, ransomware insurance companies are playing a game of "find the fine print," leaving businesses feeling like they're in a bad episode of "Who Wants to Be a Millionaire?" with no lifelines to phone a friend.

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