In 2023, the average cost of a data breach has reached a record high of US$ 4.45 million, according to the 2023 cost of a data breach report by IBM and the Ponemon institute, an increase of 2% compared to 2022 (US$ 4.35 milion). The report by Ponemon Institute and IBM Security takes...
Get the Cost of a Data Breach Report 2024 for the most up-to-date insights into the evolving cybersecurity threat landscape.
Adopting security AI and automation can cut breach costsUSD 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 track...
Cost of a data breach in different countries worldwide Data breaches impose a big threat for organizations globally. The monetary damage caused by data breaches has increased in many markets in the past decade. In 2023,Canada followedthe U.S. by data breach costs, with an average of 5.13 mi...
As of February 2024, the global average cost per data breach amounted to 4.88 million U.S. dollars, an increase from 4.45 million U.S. dollars in the previous year. The average cost of a data breach varied across sectors, with thehighest average cost in the healthcare industry. ...
IBM Security and the Ponemon Institute teamed up once again to put together the 18th annual Cost of a Data Breach report. Read through the latest findings.
To unpack these numbers and the rest of IBM’s latest Cost of a Data Breach Report, Michael “Roo” Fey, Head of User Lifecycle and Growth at 1Password, sat down with Troy Bettencourt, a global partner at IBM and head of IBM X-Force, on theRandom But Memorablepodcast. ...
Verizon Business today released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches
The Cost of a Data Breachdoi:10.2139/ssrn.3278252Data BreachesSocietyPsychologyAre we really knowing what happens during or after a data breach?. Or do we measure the real impact of a data breach. I guess we aren't. This paper is an attempSocial Science Electronic Publishing...
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...