Organisations globally have come to realise that cybersecurity incidents are inevitable, and more costly than ever. Ninety percent of large businesses suffered a data breach last year, according to PwC research.
The impacts of these breaches can be significant — research from the Ponemon Institute shows that the average cost per data breach in the United Kingdom is £2.37m, with Germany and France costing €3.52m and €3.12m respectively. All three countries have seen a meaningful year on year increase.1 These costs include organisational impact, loss of customer goodwill and the cost of remediation.
