Study Finds Average Cost of Data Breaches Continued to Rise in 2023

51 Small Business Cyber Attack Statistics 2024 - Astra Security

Top Small Business Cyber Security Statistics 2024 · Accenture's Cybercrime study reveals that nearly 43% of cyber-attacks on small businesses. · Only 14% of these ...

Cloud assets the biggest targets for cyberattacks, as data breaches ...

This year's study found that more than a third (39%) of businesses have experienced a data breach in their cloud environment last year, an increase on the 35% ...

IBM Cost of a Data Breach Report 2023 - What we learn from it?

Key findings from the 2023 report: · The average total cost of a data breach reached an all-time high of $4.45 million in 2023, a 2.3% increase over 2022. · 51% ...

60 Percent of Small Companies Close Within 6 Months of Being ...

Data breaches are one of ... The costs of these breaches continue to increase, with the average global cost of a single breach hovering at $3.62 million.

3 trends set to drive cyberattacks and ransomware in 2024

The shortage of cybersecurity experts also impacts the cost of an incident. Organizations with a high level of security skills shortage had a ...

Rising Cyber Threats Pose Serious Concerns for Financial Stability

US credit reporting agency Equifax, for example, paid more than $1 billion in penalties after a major data breach in 2017 that affected about ...

CrowdStrike 2024 Global Threat Report

Significant threat gains in data theft, cloud breaches, and malware-free attacks, show that despite advancements in detection technology, adversaries continue ...

The average cost of a retail data breach is… | Chain Store Age

A new IBM study reveals that data breaches are rapidly becoming more expensive for retailers to mitigate ... increase from $850,000 from 2023 ...

Key Findings from the 2023 Cost of a Data Breach Report

Critical infrastructure organisations under study observed a 4.5% increase in average breach costs compared to the previous year, surging from ...

Average Cost of Healthcare Data Breach Reaches $11M - TechTarget

... continues to soar, according to IBM's 2023 Cost of a Data Breach Report ... increasing security investments after a breach. Incident ...

Cybersecurity Stats: Facts And Figures You Should Know - Forbes

2023 saw a 72% increase in data breaches since 2021, which held the previous all-time record. Around the world, a data breach cost $4.88 million ...

6 Trends of the Evolving Cyber Landscape - Travelers Insurance

The costs associated with responding to a cyber incident continue to rise. According to the 2024 IBM Security Cost of Data Breach Report, the average cost ...

101 Cybersecurity Statistics and Trends for 2024 | NU

In 2022, there were 5.4 billion malware attacks globally.9; 4 in 10 malware attacks result in confidential data leakage.10; Over 70% of malware attacks go after ...

Report: Average data breach cost for financial sector tops $6M

The average cost across all business sectors was $4.88 million in 2024, a 10% spike since 2023. A rise in the cost of lost business helped drive ...

190 Cybersecurity Statistics to Inspire Action This Year [October ...

The average cost of a data breach reached an all-time high in 2023 of USD 4.45 million, which represents a 2.3% increase from 2022. In 2023, 52% ...

130 Cyber Security Statistics: 2024 Trends and Data

Cyber Attacks and Cybersecurity Statistics for 2024 · Over 75% of targeted cyberattacks start with an email in 2024, making phishing a primary ...

Rubrik Zero Labs | The State of Data Security

We utilized Rubrik telemetry in an effort to understand a typical organizations data estate and the risk realities. Wakefield Research = Perspectives from 1,600 ...

Cyber Attack Statistics for 2024: What They Mean for Your Business

The global average cost of a data breach in 2023 was US$4.45 million (IBM 2023). · The global annual cost of cybercrime is expected to reach US$9.5 trillion in ...

Allianz Risk Barometer 2024 - Cyber incidents

Ransomware on the rise ... By the start of the next decade, ransomware activity alone is projected to cost its victims $265bn annually [1]. Activity surged by 50% ...

The rising costs of a data breach - Lexology

The average cost of a data breach was $4.88 million USD, a 10 per cent spike and the highest increase since the pandemic. Lack of personnel with ...