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Friday, May 10, 2024

Lifting the veil on data breaches

Many companies now favour mandatory disclosure of cyber-incidents, PwC survey finds

Businesses in Thailand are facing more cyber-attacks, according to PwC Thailand.

One in four companies (27%) globally have suffered a data breach that cost them between $1 million and $20 million or more in the past three years, according to a new survey by PwC.

The percentage rises to one in three (34%) for companies surveyed in North America, with only 14% of firms globally reporting no data breaches during the period, the Global Digital Trust Insights survey of more than 3,500 senior executives across 65 countries found.

Despite cyber-attacks continuing to cost businesses millions of dollars, fewer than 40% of…

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