From the course: Cisco Network Security: Core Security Concepts
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Solution: Cost of a data breach - Cisco Tutorial
From the course: Cisco Network Security: Core Security Concepts
Solution: Cost of a data breach
(upbeat music) - [Narrator] Okay, now let's check our work. Now first, we'll go to this site at ibm.com, and this gives us a report on the cost of a data breach. Now, there's a lot of figures and a lot of information that I thought you might find interesting. So, now I'll scroll down to key stats. First of all, we see this really large number, and this represents the global average of a total cost of a data breach in 2024 is $4.88 million. And then it talks about the fact that 30% of the breaches involved shadow data, which is data that is collected, stored, and managed outside of an organization's standard data management and IT policies. Shadow data is dangerous as it's difficult to monitor and protect. And then scroll down because we're going to see some recommendations to prevent a data breach. One is that know your information landscape. That means where you have your data. Know where it is so that you can protect it. You'll also want to beef up your prevention strategies with AI…
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