Check out the recommendations based on the findings of the Cost of a Data BreachReport and learn how to better secure your organization. Strengthen prevention strategies with AI and automation The adoption of generative AI (gen AI) models and third-party applications across the organization, as we...
The Cost of a Data Breach Report – an independent report conducted by the Ponemon Institute and published by IBM Security® – was recently released, revealing the grim yet also not surprising news that the cost of breaches have risen once again in 2022. Data breach costs have clocked in ...
The average cost of a data breach reached an all-time high of $4.35 million this year, according to newly published 2022 Cost of a Data Breach Report, an increase of 2.6% from a year ago and 12.7% since 2020. New research in this year’s report also reveals for the first time that ...
Adopting security AI and automation can cut breach costs USD 4.88M The global average cost of a data breach in 2024—a 10% increase over last year and the highest total ever. 1 in 3 Share of breaches that involved shadow data, showing the proliferation of data is making it harder to tra...
As of 2024, the average cost of a data breach in the United States amounted to 9.36 million U.S. dollars, down from 9.48 million U.S. dollars in the previous year. The global average cost per data breach was 4.88 million U.S. dollars in 2024. Cost of a data breach in different co...
Reaching an all-time high, the average cost of a data breach globally was $4.35 million in 2022, representing a 2.6% increase from 2021, when the average cost was $4.24 million. For the 12th year in a row, the United States led all counties and regions globally w...
“The cost of a data breach is typically realized in relative competitive change in the marketplace. Companies find that their brand does not command the same price premium, customer conversion costs are higher, and market share is lost. For a public company, the near-term assessment of the ...
The average total cost of a data breach reached an all-time high of $4.35 million in 2022, and this number will likely keep increasing. Learn more!
“The cost of a data breach is typically realized in relative competitive change in the marketplace. Companies find that their brand does not command the same price premium, customer conversion costs are higher, and market share is lost. For a public company, the near-term assessment of the ...
The cost of a data breach in 2024 has clocked the biggest year-on-year increase since the pandemic, but companies that useartificial intelligence(AI) tools are mitigating some of the financial damage from the fallout. The global average cost of a data security breach now clocks in at $4...