Pendello Solutions Blog

The Cost of a Breach

Cybercrime is big business, and it’s paying well. Even when they aren’t demanding ransom to restore stolen data, criminals can sell it on the dark web or use social engineering tactics like BEC scams to trick companies into sending them money. Recent research by Acronis suggests that in 2023, the average cost of a data breach will reach $5 million. The study found that more than 22% of companies ...