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MANILA, Philippines — Costs incurred by businesses across Southeast Asia due to data breaches reached a record high in 2026, as increasingly sophisticated attacks set back organizations by about $4.12 million, according to a new IBM study.
In its 2026 Cost of a Data Breach Report, IBM said the latest figure marked a 12-percent increase from the $3.67-million average cost in 2025 and was the ninth-highest average across the 16 countries and regions it had surveyed.
READ: PNP urges cybersecurity review after hacking of gov’t websites
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