360° Incident Response Services
July 10, 2023DownloadsDownload Brochure
FTI Consulting is an independent global business advisory firm dedicated to helping organisations manage change, mitigate risk, and resolve disputes: financial, legal, operational, political & regulatory, reputational, and transactional. Individually, each practice is a leader in its specific field, staffed with experts recognised for the depth of their knowledge and a track record of solving seemingly insurmountable challenges.
Cyber attacks and the incidence of data breaches are skyrocketing around the world, as are the financial implications of these incidents. According to IBM Security's Cost of a Data Breach 2021 Report, data breach costs rose to more than £3 million (US$4.24 million), the highest average total cost in the history of the report. When personal data is compromised, the stakes are even higher. Around the world, data privacy regulations are ramping in enforcement –fines under the General Data Protection Regulation rose by nearly 40% in the last year and global data protection laws have added millions to the cost of corporate compliance. Investigating these incidents are costly, complex and can be highly disruptive to a business, and communications following them can make a significant impact on the reputational damage that results.