Forbes January 14, 2025
Will Sweeney is the Founder and Managing Partner of Zaviant, a data security and privacy consulting firm based in Philadelphia.
As the number of data breaches continues to skyrocket, it’s not a question of if a cyber attack will occur—it’s when. In the U.S. alone, the number of reported data breaches has jumped from 447 in 2012 to a record-breaking 3,205 in 2023. USA Today notes that “there were 1,571 data breaches reported in the first half of 2024, a 14% increase compared to the same period last year.”
Let’s Talk Dollars
With litigation and regulatory fines factored into the equation, data breaches can be very expensive. The global average cost of a breach reached an all-time high of nearly...