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How To Improve Incident Response Time for Data Breaches

Smart Data Collective

IBM reports that the average data breach cost over $4.2 million in 2021 , which is a figure that grows every year. An extremely good principle and starting point would be to honestly quantify the cybersecurity risk in your organization. It is no secret that cyberattacks are escalating in frequency and severity each year.

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Complete guide to project risk management in 2021

Monday

In this article, we’ll show you how to identify, monitor, and mitigate risks for your project, so you can safely complete it and reap the rewards. In the US, a single breach costs $8.64 million, on average, according to the latest IBM report. Scheduling and cost risks. What is project risk management? Image Source ).

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How is IoMT Changing the Landscape of Healthcare Cyber Security?

GAVS Technology

The capabilities of IoMT have improved the accuracy of diagnoses, reduced human mistakes, and lowered costs of care. Leaders in the healthcare industry, including Medtronic and Philips, have been partnering with companies such as Apple, Qualcomm, IBM, and Cisco to create IoMT applications. Mitigating cybersecurity risks.

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Data-Driven Strategies to Help Prevent ACH Fraud

Smart Data Collective

Lower costs. However, the processing costs that accompany these transactions tend to be high, often two to four percent per transaction without including the setup and operational fees. According to a report by IBM Security, human errors result in 23% of cases of data loss. Here are seven benefits of ACH payments.