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

Ponemon Institute published its Cost of a Data Breach Report 2023, showing an increase in data breach costs in many areas of business.

What is the Cost of a Data Breach in 2023? - UpGuard

17 Key Findings of the 2023 IBM Cost of Data Breach Report · 1. Average Total Data Breach Cost Increased By 2.2% · 2. Average Breach Cost was ...

The Cost of a Data Breach in 2023 | Endpoint Protector

The average cost of a data breach continues to rise as companies deal with the fallout from unauthorized access to, or leaks of, ...

Global data breach costs reach all-time high of $4.9M, IBM says

US organizations led the world with the highest average data breach cost, a dubious distinction it has earned for the 14th straight year.

Study: Average Cost of a Data Breach Rises to $4.9 Million

Data breaches continue to grow more costly, with the average cost of a breach hitting an all-time high of $4.9 million, driven by greater ...

The real cost of a data breach in 2024 - Field Effect

Incident response and post-breach recovery. Let's start with a positive: IBM found that the mean time to identify and contain a breach has ...

Cost of a data breach: The healthcare industry - Security Intelligence

Cyberattacks grow every year in sophistication and frequency, and the cost of data breaches continues to rise with them. A new report by IBM and the Ponemon ...

What is the Cost of a Data Breach in 2024? | UpGuard

1. The average cost of a data breach reached USD $4.45 million in 2023, a 2.3% increase from 2022 of $4.35 million (IBM Cost of a Data Breach Report 2023).

IBM Report: Half of Breached Organizations Unwilling to Increase ...

IBM Security released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $4.45 million in ...

The Cost of a Data Breach Is Increasing - ASIS International

A report from IBM showed the average cost of a corporate data breach jumped 10 percent year-over-year to $4.88 million.

Average cost of healthcare data breach nearly $10M in 2024: report

The latest report from IBM and Ponemon found data breach costs across industries increased 10% this year, reaching an average of $4.9 million.

What is the cost of a data breach? - CSO Online

Over the course of the past decade, data breach costs have risen 39.4%. “The report highlights trends I have been concerned about since the ...

IBM's Cost of a Data Breach report 2023 - what we learned

Among other findings, we noted that the cost of a data breach in 2022 was a record $4.35m per incident, an increase of 2.6% from 2021. This ...

Cost of Data Breach in 2024: $4.88 Million, Says Latest IBM Study

The average cost of a data breach jumped to $4.88 million from $4.45 million in 2023, a 10% spike.

Data breach costs continue to rise - iStorage (UK) latest-Blog

IBM's latest report found that the current global average cost of a data breach is $4.88m (£3.82m) in 2024, a 10% increase from 2023, and the highest it has ...

Cyber Security Breach Cost Statistics - ProWriters

The report also reveals the global average cost of a data breach reached $4.35 million—“an all-time high.” In the United States, the average cost hit $9.44 ...

Cost of a Data Breach Report 2024 | Table.Media

Average total cost of a breach. The average cost of a data breach jumped to USD 4.88 million from USD 4.45 million in 2023, a 10% spike and the highest increase ...

82 Must-Know Data Breach Statistics [updated 2024] - Varonis

The average cost of a mega-breach of 50 to 60 million records in 2024 is $375 million, a $43 million increase from 2023 (IBM). Annually, hospitals spend 64 ...

Costs for data breaches jump by 10% in 2024: report | CFO.com

Data breaches are big headaches for companies, and all the more so as the associated costs keep rising. · Globally, the average data breach cost ...

The Continued Threat to Personal Data: Key Factors Behind ... - Apple

“IBM Report: Half of Breached Organizations. Unwilling to Increase Security Spend Despite. Soaring Breach Costs,” IBM, July 24, 2023. 24. IBM ...