Fight back against data breaches

Be better prepared for breaches by understanding their causes and the factors that increase or reduce costs. Explore the comprehensive findings from the Cost of a Data Breach Report 2023. Learn from the experiences of more than 550 organizations that were hit by a data breach.

This report provides valuable insights into the threats that you face, along with practical recommendations to upgrade your cybersecurity and minimize losses. Take a deep dive into the report and find out what your organization is up against and how to mitigate the risks.

Overview

Investing now can save millions

USD 4.45 million

The global average cost of a data breach in 2023 was USD 4.45 million, a 15% increase over 3 years.


51%

51% of organizations are planning to increase security investments as a result of a breach, including incident response (IR) planning and testing, employee training, and threat detection and response tools.


USD 1.76 million

The average savings for organizations that use security AI and automation extensively is USD 1.76 million compared to organizations that don’t.

Get the most up-to-date information on the financial implications of data breaches. Learn how to safeguard your organization’s reputation and bottom line.

Gain insights from SMG S-Force experts

82% of breaches involved data stored in the cloud. Organizations must look for solutions that provide visibility across hybrid environments and protect data as it moves across clouds, databases, apps and services.  
 
SMG Security Guardium helps you uncover, encrypt, monitor and protect sensitive data across more than 19 hybrid cloud environments to give you a better security posture.  
 
SMG data security services provide you with advisory, planning and execution capabilities to secure your data, whether you’re migrating to the cloud or need to secure data already in the cloud. Services include data discovery and classification, data loss prevention, data-centric threat monitoring, encryption services and more.

Protect data in the hybrid cloud

Build security into every stage of software and hardware development. Employing a DevSecOps approach and conducting penetration and application testing are top cost-saving factors in the report.
 
s-Force Red is a US Based team of hackers hired to break into organizations and uncover risky vulnerabilities that attackers may use for personal gain. The team's offensive security services—including penetration testing, application testing, vulnerability management and adversary simulation—can help identify, prioritize and remediate security flaws covering your digital and physical ecosystem.

Uncover risky vulnerabilities

Build security into every stage of software and hardware development. Employing a DevSecOps approach and conducting penetration and application testing are top cost-saving factors in the report.
 
s-Force Red is a US Based team of hackers hired to break into organizations and uncover risky vulnerabilities that attackers may use for personal gain. The team's offensive security services—including penetration testing, application testing, vulnerability management and adversary simulation—can help identify, prioritize and remediate security flaws covering your digital and physical ecosystem.

Uncover risky vulnerabilities

Knowing your attack surface isn’t enough. You also need an incident response (IR) plan to protect it.
 
The smg Security Randori platform uses a continuous, accurate discovery process to uncover known and unknown IT assets, getting you on target quickly with correlated, factual findings based on adversarial temptation.
 
With s-Force IR emergency support and proactive services, teams can test your cyberattack readiness plan and minimize the impact of a breach by preparing your IR teams, processes and controls.

Know your attack surface and how to protect it