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Cybersecurity risks are skyrocketing. The latest IBM Data Breach Report revealed that an alarming 83% of organizations experienced more than one data breach during 2022. Publicly traded companies suffered an average decline of 7.5% in their stock values after a data breach, coupled with a mean market cap loss of $5.4 billion. Even more concerning is that it took 46 days, on average, for these companies to recover their stock prices to pre-breach levels, if they were able to do so at all
Harvard Business Review
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Forging Futures and the Power of Strategic Partnerships
