NEW YORK—A new report reveals the average cost of a cyber-breach to a publicly traded company last year was $116 million.
In 2019, the information hackers most often obtained through data breaches was customer names, addresses, and e-mail addresses (48%, 29%, and 28% respectively), according to Audit Analytics’ Trends in Cybersecurity Breach Disclosures report.
The most common methods hackers successfully used to obtain company data from 2011 to 2019 was malware (34%), phishing (25%), unauthorized access (20%), and misconfiguration (12%), noted Compliance Week in its analysis.