Navigating new frontiers of security: Combating cyber and espionage threats in the Digital era – The Financial Express

The Escalating Cost of Cybersecurity Breaches According to IBM, the average cost of a cybersecurity breach is a staggering $4.45 million, underscoring the severe financial impact of these incidents. This figure becomes particularly concerning in the context of industrial espionage, where the theft of proprietary information can lead to substantial financial and strategic losses for companies.