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Friday, May 3, 2024

Report reveals extent of cybersecurity threat

Organisations urged to shore up defences

At least 51% of organisations are planning to increase security investments as a result of a breach.

Over half the Thai organisations polled in a survey reported more than 10 cybersecurity incidents in the past year as well as multi-million dollar losses, according to US-based connectivity cloud company Cloudflare Inc.

A data breach report commissioned by IBM revealed the global average cost of a breach reached an all-time high of US$4.45 million in 2023.

“Over the past year, we’ve witnessed a rise in cybersecurity incidents across…

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