Updated 03/19/2025
Cyber threats and data breaches are increasing in complexity and frequency, affecting businesses of all sizes. For this reason, it is essential to strengthen cyber security to protect endpoints, networks, and cloud environments. This is particularly important for organizations to expand through the digital transformation process and manage the data of employees and customers. In 2024, the average data breach cost was $4.88 million, a 10% increase from the previous year, highlighting the financial impact of the vulnerability.
In this guide, we’ll explore the growing threat of cyberattacks in 2025, the hidden costs of a breach, and how IT managed services can protect your business by providing proactive cybersecurity solutions.
The latest edition of the World Economic Forum's Global Cybersecurity Outlook predicts that cyber threats in 2025 will become more sophisticated, with ransomware, social engineering, and AI-driven cybercrime remaining the top concerns.
According to the Identity Theft Resource Center, data leaks remained at record levels in 2024, with 3,158 incidents reported—unchanged from the previous year. However, damage notifications skyrocketed by 211% to 1.3 billion, largely due to five massive breaches, each affecting over 100 million individuals.
While 66% of organizations consider AI the biggest cybersecurity game changer of the year, only 37% have introduced safeguards to evaluate AI tools before use, the report found. This highlights the gap between AI risk awareness and its unexpected introduction, spurring the complexity of cyberspace where emerging technologies, geopolitical tensions and supply chain vulnerabilities are creating new cybersecurity challenges.
The following are six major vulnerabilities in cybersecurity predicted by leaders in 2025:
With the constantly changing nature of cyber-attacks, a reactive security approach is no longer adequate. Organizations need proactive security that will be capable of detecting, blocking, and isolating attacks in real-time. That's where IT managed services come into play. Outsourcing security to experts who specialize in preventing and fending off cyber-attacks enables organizations to remain one step ahead of their attackers and protect their digital assets.
The cost of a data breach is well beyond the initial incident cost. While the initial costs like recovery efforts are huge, the downstream cost can destroy an organization with regulatory fines, court battles, and customer distrust.
The financial cost of a data breach is staggering. IBM reported that a data breach in 2025 costs more than $3 million and some breaches of more than $100 million have been seen. These are just the tip of the costs that companies will incur. Companies are generally affected by:
Territory | Average Cost of Data Breaches |
---|---|
USA | $9.36 million |
Middle East | $8.75 million |
Benelux | $5.9 million |
Germany | $5.31 million |
Italy | $4.73 million |
Canada | $4.66 million |
United Kingdom | $4.53 million |
Japan | $4.19 million |
France | $4.17 million |
Latin America | $4.16 million |
Examples of Major Data Breaches
Real Estate Wealth Network
Date: December 2023
Impact: 1.5 billion records leaked
The New York-based online real estate education platform Real Estate Wealth Network has released more than 1.5 billion records in its database to the public, one of the largest outflows in U.S. history. The database contained approximately 1.16TB data and had unprotected password folders and system access for an unknown period of time. Published data includes:
More noteworthy is the discovery of real estate information for big celebrities such as Kylie Jenner, Britney Spears, Floyd Mayweather, and Nancy Pelosi. With this information, cybercriminals can easily carry out social engineering attacks, financial fraud, and other cyberattacks.
Representatives of the Real Estate Wealth Network have confirmed that they own the database, but it is currently unclear whether they are under investigation or undergoing legal action.
IT managed services are central to reducing the economic effects of cyberattacks. They offer:
IT managed services, by lowering the initial cost of a breach, as well as deterring businesses from being subject to fines and lawsuits can lower the overall cost of cyber breaches by a significant amount.
Companies are increasingly subjected to a range of cybersecurity threats, including data breaches and ransomware attacks. With these threats evolving and becoming more sophisticated, companies need to be assured that their digital assets, such as sensitive customer data, intellectual property, and proprietary data, are safe. IT managed services offer an effective security shield to safeguard these assets, providing proactive, real-time safeguards against cyber threats.
IT managed services refer to the outsourcing of essential IT functions to specialized service providers who handle tasks such as cybersecurity, data management, network monitoring, and system maintenance. Rather than trusting in-house staff with monitoring, debugging, and securing digital infrastructure, companies can collaborate with experts who possess specialized skills and superior technologies. IT managed services ensure that businesses are able to run their IT systems efficiently and continuously protect themselves from cyber threats.
IT managed services help keep businesses safe with round-the-clock monitoring, employing advanced tools and technologies to identify potential threats in their initial phases. By acting quickly, they can invalidate cyberattacks before they lead to far-reaching harm. Having your IT security outsourced to experts translates into firms gaining access to talent that might be elusive in-house, particularly for small businesses lacking in-house specialized security personnel.
IT managed service providers have tight cybersecurity controls that safeguard information against attacks through:
With the use of IT managed services, businesses can deploy a strong security infrastructure that will be an insurance shield against innovative forward-thinking cyber attacks.
Losses due to data breach are staggering, but operating costs can be catastrophic. A breach could lead to:
IT managed services reduce downtime by having business disaster recovery plans implemented. IT managed services recover data in real time, keep systems operational in online mode, and ensure business processes continue with minimal disruption.IT managed services reduce operational costs associated with data breaches by leveraging continuous monitoring and instant response capabilities.
The most effective way to protect your business is by having an active cybersecurity policy. This involves not just installing the latest security technology, but also training your employees in proper cybersecurity practices. Some of the most effective aspects of a good security environment are:
IT managed services offer the services and expertise required to design and run an efficient end-to-end cyber security solution. With the services of managed services providers, organizations can be assured that their cyber security platform is well maintained and optimized to prevent new and novel threats.
Consilien IT Company offers complete IT managed services to safeguard your company from the rapidly expanding universe of cyber threats. Our experienced professionals are committed to offering specially designed cybersecurity solutions precisely engineered to suit the distinct requirements of your business. Ranging from real-time security monitoring and threat detection to compliance management and disaster recovery, we offer protection of the online environment against security threats, vulnerability, and exposure.
Cybersecurity is no longer an option—it's a business necessity in the modern digital landscape. Cyber-attacks are getting more sophisticated, and the cost of a breach is escalating. But with proactive managed IT services, companies can just minimize their risk and safeguard their digital assets. As you proceed to lock down your business in the year 2025, consider engaging the services of an IT managed service provider such as Consilien IT Company to lock down your systems and maintain your business continuity.
How much does a data breach cost businesses on average?
Data breaches will cost $3 million to $100 million depending on severity, industry, and size of the affected organizations.
What are the most common causes of data breaches?
Phishing attacks, weak or default passwords, insider threats, and vulnerabilities from outdated or unmaintained systems are among the most common causes of data breaches.
How can IT managed services prevent cyber threats?
IT managed services thwart threats by continuous monitoring, real-time threat detection, real-time software patches, security appliances with high performance, and effective incident response tools to thwart imminent threats.
What are the long-term effects of a data breach?
Long-term consequences of a data breach include reputational loss, loss of customer trust, legal proceedings, additional security expense, and even large-scale financial loss due to business disruption.
What industries are most at risk of cyberattacks?
Most vulnerable to cyberattack are finance, healthcare, retail, and technology sectors since they contain sensitive information of high value to cyber attackers.