As Hackers Become More Proficient, Organizations Face Devastating Financial Consequences

 

This recent study by Ponemon Institute, sponsored by Barracuda, delves into the realm of "cybernomics," exposing the dire financial repercussions of cyberattacks while hackers reap increasing profits. Revealing a startling reality, the research unveils that a single day's work for hackers yields an average of 9 successful attacks, with projections indicating a surge in both frequency and profitability with the adoption of generative AI.

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