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Most Expensive Data Breaches Start with Third Parties: Report

Kaspersky Lab polled 6,614 business decision makers on their IT security spending and the cost of recovering from cyberattacks. The average enterprise pays $1.23 million per incident, up 24% from $992,000 in 2017. SMBs spend $120,000 an increase of 36% from last year. Improving software and infrastructure is the most expensive part of a breach for enterprises, followed by repairing damage to credit rating and insurance premiums ($180,000) and training $137,000.”]

Source: https://www.darkreading.com/cloud/most-expensive-data-breaches-start-with-third-parties-report

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