Today, cyberattacks have become a frequent and sobering reality for business leaders and consumers alike. They’ve affected just about every industry in the private and public sector — from government agencies and healthcare facilities to educational institutions and critical infrastructure. According to the 2021 annual Cost of Data Breach Report by IBM and the Ponemon Institute, the average cost per data breach has risen from $3.86 million last year to $4.24 million in 2021.

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