What Is a Data Breach? New Report Reveals a Leak Hits Every 2.5 Minutes – CEO’s Nightmare Unfolds
A staggering new industry analysis shows that in 2024, a data breach now occurs every 2.5 minutes globally, exposing an average of 1.2 million records per incident. For C-suite leaders, the question is no longer if a breach will happen, but when, and the financial fallout is now a 300% increase in average remediation costs year-over-year. The report’s bottom line: every 150 seconds, a competitor’s security lapse becomes your market opportunity, provided your own defenses aren’t the next headline.