Cost of a data breach 2024 - IBM
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 and safeguard.
What is the Cost of a Data Breach in 2023? - UpGuard
Sep 16, 2024 · 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).
Cost of a data breach in the U.S. 2024 | Statista
Oct 10, 2024 · 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.
Organizations that reported low or no security system complexity experienced an average data breach cost of USD 3.84 million in 2023. Those with high levels of security system complexity reported an average cost of USD 5.28 million, representing an increase of 31.6%.
We lead this year’s report with 2 major developments. First, the global average cost of a data breach increased 10% over the previous year, reaching USD 4.88 million, the biggest jump since the pandemic. Business disruption and post-breach customer support and …
Cost of a Data Breach: 19 Facts and Stats to Know in 2024
Sep 26, 2024 · The average data breach costs globally in 2022 were $4.35 million, a 2.6% rise from the 2021 amount of $4.24 million. According to Statista, the cost of a data breach is on the rise. [1] And the most significant contributor to data breach costs is time until detection.
$4.35 million — The average cost of a data breach
Oct 17, 2022 · The global average cost of a data breach increased 2.6% from $4.24 million in 2021 to $4.35 million in 2022 — the highest it’s been in the history of IBM Security’s “The Cost of a Data Breach Report.”
Cost of a Data Breach Report 2023 | An IBM Report - SecurityHQ
The average cost of a data breach reached an all-time high in 2023 of USD 4.45 million. This represents a 2.3% increase from the 2022 cost of USD 4.35 million. Taking a long-term view, the average cost has increased 15.3% from USD 3.86 million in the 2020 report.
What is the Cost of a Data Breach in 2024? - UpGuard
Oct 28, 2024 · 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) Since 2020, the average cost of a data breach has increased 15.3% from $3.86 million. Based on this trajectory, the costs are expected to reach $5 million within the next few years. 2.
101 of the Latest Data Breach Statistics for 2024 - Secureframe
Mar 19, 2024 · The average cost of a data breach reached an all-time high in 2023 of $4.45 million, a 15.3% increase from 2020. It takes organizations an average of 204 days to identify a data breach and 73 days to contain it.