The RBI's report on the impact of digitalization highlights that the average cost of data breaches in India in 2023 was __________. The report discusses various consumer risks associated with digitalization, including impulsive spending, herd behavior, and data breaches. It emphasizes the need for central banks to incorporate digitalizationĀ in their models to ensure effective monetary and financial stability.
1
$1.5 million
2
$2.18 million
3
$2.5 million
4
$3 million
5
$3.5 million