Back to Career News

Data Breach Costing Indian Companies ₹13 cr a Year: IBM Study

July 25, 2019

Data Breach Costing Indian Companies ₹13 cr a Year: IBM Study

According to an IBM study, cases of a data breach are costing Indian companies an average amount of ₹12.8 crores a year which is 7.29% higher than last year.

The “Cost of Data Breach” report that was compiled by IBM along with Ponemon Institute said that enterprises that suffer from data breaches take longer to recover the costs which are due to loss of information and fixing the problems that lead to the attacks in the first place.

Image Source

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp