Despite estimates that global annual losses from cyberattacks could reach $10.5 trillion by 2025, a large percentage of companies remain unprepared for the data protection challenges they face.
"Cybersecurity and cyber risk mitigation are essential to our organization"
While almost half of respondents have suffered a cyber incident serious enough to require notification of regulators and/or individuals, 67% still claim confidence in their organization's ability to detect and mitigate a breach.
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