July 24, 2023, 9:40 a.m. | /u/zolakrystie

cybersecurity www.reddit.com

*July 24, 2023* \- **Half of Breached Organizations Unwilling to Increase Security Spend Despite Soaring Breach Costs**



According to the 2023 IBM report, businesses are divided in how they plan to handle the increasing cost and frequency of data breaches. The study found that while 95% of studied organizations have experienced more than one breach, breached organizations were more likely to pass incident costs onto consumers (57%) than to increase security investments (51%).



Read more: [https://newsroom.ibm.com/2023-07-24-IBM-Report-Half-of-Breached-Organizations-Unwilling-to-Increase-Security-Spend-Despite-Soaring-Breach-Costs](https://newsroom.ibm.com/2023-07-24-IBM-Report-Half-of-Breached-Organizations-Unwilling-to-Increase-Security-Spend-Despite-Soaring-Breach-Costs)





*July 19, 2023* \- …

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