Cyber Magazine September 2022 | Page 11

THE COST OF SECURITY IMMATURITY IN THE CLOUD

In its annual Cost of a Data Breach Report , IBM Security revealed that 43 % of studied organisations are in the early stages of , or haven ’ t even started , applying security practices across their cloud environments . These organisations observed higher breach costs – at US $ 660,000 on average – than in studied organisations with mature security across their cloud environments . cybermagazine . com 11