Cost of data breaches will grow to $5 trillion in 2024, claims report

New Delhi: Cyberattacks and data breaches have cost trillions of dollars so far. It seems there is no breather in sight for enterprises as the cost of data breaches is expected to grow annually at 11%, from $3 trillion per year to over $5 trillion in 2024, claims Juniper Research’s new report titled, “The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Mitigation Strategies 2019-2024.”