IBM report: in 2020, the average data breach costs companies $3.86M to remedy, up 1.5% YoY; "mega" breaches involving 50M+ consumer records can cost up to $392M (Charlie Osborne/ZDNet)

Charlie Osborne / ZDNet:
IBM report: in 2020, the average data breach costs companies $3.86M to remedy, up 1.5% YoY; “mega” breaches involving 50M+ consumer records can cost up to $392M  —  When consumer PII is involved, the cost increases.  —  The average cost of a “mega” data breach has risen astronomically …