What Is a Security Operations Center (SOC)?

Data breaches continue to cost organizations millions of dollars each year, with costs rising steadily. According to IBM’s 2024 Cost of a Data Breach Report, the average cost of a data breach has surged to $4.88 million globally, reflecting the increasing complexity and sophistication of cyberattacks. In the United States, this figure is even higher, averaging $9.8 million per breach, and the healthcare industry remains a prime target, with an average breach cost of $10 million—the highest of any sector. What Drives These Staggering Costs? Several factors contribute to these sky-high figures…