The cost of breaches will rise by two-thirds over the next five years, exceeding an estimated $5 trillion in 2024, primarily driven by higher fines as more jurisdictions punish companies for lax security. Equifax, $700 million. British Airways, $221 million. Marriott, $120 million. Companies are seeing much heftier fines in 2019, and the near future holds little respite, according to experts.
Source: Dark Reading