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A report published by the Identity Theft Research Center found that there was a new record for data breaches reported worldwide with over 1800 data breaches - surpassing the previous year total by 68%. Further, as reported on their annual cost of the data breach report, IBM discovered that for those teams without security automation, it took them an average of 239 days to even discover that their cloud 239 networks were breached. Then it took them an additional 85 days to contain the breach. days to identify average cloud breach1 That's 324 total days under a breach, and even longer for a return to normal operations. What does this mean in terms of impact? Well, one way to classify loss is financial cost. 324 1 In 2022, IBM reported in that same report that the global average cost days to contain of a single data breach was $4.35 million, and that picture looks even worse in the U.S., where that figure more than doubles to $9.44 1 million. According to IBM Security Across the Hybrid Network | 1

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