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. Theglobal average cost per data breachwas 4.88 million U.S. dollars in 2024. ...
The top five countries and regions for the highest average cost of a data breach were the United States at $9.44 million, the Middle East at $7.46 million, Canada at $ 5.64 million, the United Kingdom at $5.05 million, and Germany at $4.85 million....
What is the Average Cost of a Data Breach by Country? In 2023, the average cost of a data breach has reached a record high of US$ 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 ...
In 2023, the most significant healthcare data breach incident in the United States was the HCA Healthcare breach.
Data breach modelsData breachesData protectionIdentity theft resource centerPrivacy Rights ClearinghousePurpose – The main purpose of this paper is to analyze the trends of various types of data breaches and their compromised records in the USA using a new model recently developed by the authors. ...
For example, the average cost of a data breach in the United States is USD 9.36 million, about 4 times the cost of a breach in India (USD 2.35 million). Breach consequences tend to be especially severe for organizations in highly regulated fields like healthcare, finance and the public sec...
Data Breach Costs The cost of a data breach can be devastating for organizations—in 2017, the average data breach cost its victim $3.5 million. The immediate business costs of a breach include: Customer breach notifications Government fines ...
For the 13th consecutive year, the United States topped the list for the highest average cost of a data breach at $9.48 million – an increase of 0.4% from last year’s $9.44 million. The Middle East had the second-highest average cost at $8.07M, up 8.2% from last ye...
Which brings us to the bad news. If your organization is located in the United States, a data breach costs significantly more than in the rest of the world. The average cost of a breach in the U.S. is $8.6 million — twice that of the global average. ...
According to a report released byForgeRock, the average cost of a data breach in the United States is $9.5 million in 2022. According to a report released byIBM and the Ponemon Institute, the average global cost of a data breach was US $4.24 million in 2021, a significant rise from the...