NextGov: Federal agencies face less costly data breaches because they often employ security automation and orchestration practices, according to a security expert.
IBM’s annual Cost of a Data Breach report, released July 29, found the public sector worldwide incurred average losses of $1.08 million per data breach—the lowest average cost compared to 17 other industries. The health care industry faced the steepest average loss per breach at $8.6 million, while the overall average was $3.86 million per incident.
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