According to a 2022 study by Sophos, $1.4 million is the average cost to recover from a data breach*
Furthermore, according to Forbes, in 2021 around 26,000 hacker attacks were received per day**
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References
*The State of Ransomware in Education 2022 – https://assets.sophos.com/X24WTUEQ/at/pgvqxjrfq4kf7njrncc7b9jp/sophos-state-of-ransomware-education-2022-wp.pdf
**Cybersecurity Stats 2021 – https://www.forbes.com/sites/chuckbrooks/2021/10/24/more-alarming-cybersecurity-stats-for-2021-/?sh=dd5c6c04a360
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