According to the 2022 Cost of a Data Breach Study done by the Ponemon Institute, the average cost of a data breach globally is $4.35 million.

Without the right security measures in place, businesses could start accumulating these costs unawares, as the study further states that the average amount of time required to identify a data breach is 243 days, and the average amount of time needed to contain a data breach once it is identified is 84 days.

With Data Breaches today often going undetected for months or years, businesses across the world are realizing that to close the gap, they need to evolve their security operations from being a largely reactive unit to being proactively on the hunt for new attacks that have evaded detection. 
 
Download our “eBook – How To Build A Next Generation SOC” to understand the capabilities your organization needs to enable faster threat detection, accelerate incident response and simplify compliance management.