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1. www.strongdm.com › blog › cost-of-data-breachCost of a Data Breach: 19 Facts and Stats to Know in 2024

   www.strongdm.com › blog › cost-of-data-breach

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   Sep 26, 2024 · 1. The average data breach costs globally in 2022 were $4.35 million, a 2.6% rise from the 2021 amount of $4.24 million. 2. The average cost of a data breach in the healthcare industry is $10.10 million. And the average cost of a data breach in the financial industry is $5.97 million. 3.

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2. www.cyberpilot.io › cyberpilot-blog › new-ibm-reportNew IBM Report - The Real Cost Of A Data Breach In 2024

   www.cyberpilot.io › cyberpilot-blog › new-ibm-report

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   Aug 21, 2024 · In 2024, the average data breach costs $4.88 million dollars. If this sounds like a lot of money, you’re not alone. This cost is nearly a 26.4% increase from the cost of a data breach in 2020. So, data breaches cost a lot and are getting more expensive every year.

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4. www.ibm.com › reports › data-breachCost of a data breach 2024 - IBM

   www.ibm.com › reports › data-breach

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   Adopting security AI and automation can cut breach costs USD 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 and safeguard. USD 2.22M.

5. www.isaca.org › the-true-cost-of-a-data-breachThe True Cost of a Data Breach - ISACA

   www.isaca.org › the-true-cost-of-a-data-breach

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   Feb 22, 2023 · To derive the average per-record cost of a data breach, Ponemon researchers divide the total monetary losses by total records breached in the year. For example, the average cost from May 2020 to March 2021 was US$4.24 million, or US$161 per record. 3.

6. gowlingwlg.com › the-rising-costs-of-a-data-breachThe rising costs of a data breach | Gowling WLG

   gowlingwlg.com › the-rising-costs-of-a-data-breach

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   Oct 24, 2024 · 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 cyber skills corresponded to an average $1.76 million USD more in breach costs. The industrial sector experienced the costliest increase of any industry, rising by an average $830,000 USD per breach ...

7. www.forbes.com › what-is-the-cost-of-a-data-breachWhat Is The Cost Of A Data Breach? - Forbes

   www.forbes.com › what-is-the-cost-of-a-data-breach

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   Dec 2, 2019 · The average total cost per breach has increased from $3.54 million in 2006 to $8.19 million in 2019. Healthcare organizations are reported as a major contributing factor. The PRC has identified 58 ...

8. People also ask

   How much does a data breach cost?

   • As of March 2022, the healthcare industry faces the most expensive data breach costs of any sector. At just over $10 million per incident, the industry has seen a 42% spike in this figure since 2020. Meanwhile, the financial industry experiences the second-highest data breach costs. Each occurrence costs nearly $6 million on average. 3.

   Cost of a Data Breach: 19 Facts and Stats to Know in 2024 - StrongDM

   www.strongdm.com/blog/cost-of-data-breach

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   How much does a data breach cost in 2022?

   • 1. The average data breach costs globally in 2022 were $4.35 million, a 2.6% rise from the 2021 amount of $4.24 million. 2. The average cost of a data breach in the healthcare industry is $10.10 million. And the average cost of a data breach in the financial industry is $5.97 million. 3.

   Cost of a Data Breach: 19 Facts and Stats to Know in 2024 - StrongDM

   www.strongdm.com/blog/cost-of-data-breach

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   How much does a data breach cost a healthcare organisation?

   • In fact, the cost of a data breach for a healthcare organisation is more than double the overall average in 2022, at $10.10 million. In addition to healthcare companies, other critical infrastructure organisations are susceptible to data breaches with price tags higher than the average cost of a breach.

   New IBM Report - The Real Cost Of A Data Breach In 2022 - CyberPilot

   www.cyberpilot.io/cyberpilot-blog/new-ibm-report-the-real-cost-of-a-data-breach

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   How much does a cyber breach cost?

   • Lack of personnel with cyber skills corresponded to an average $1.76 million USD more in breach costs. The industrial sector experienced the costliest increase of any industry, rising by an average $830,000 USD per breach over last year. Malicious insider attacks resulted in the highest costs, averaging $4.99 million USD.

   The rising costs of a data breach | Gowling WLG

   gowlingwlg.com/en/insights-resources/articles/2024/the-rising-costs-of-a-data-breach

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   How much does a security breach cost?

   • The average security breach cost is more than $1 million higher when remote work is a contributing factor. 16. Organizations who have tested their incident response plan save an average of $2.66 million in data breach costs. 17. 4,800+ websites per month are compromised with malicious code in form-jacking attacks. 18.

   Cost of a Data Breach: 19 Facts and Stats to Know in 2024 - StrongDM

   www.strongdm.com/blog/cost-of-data-breach

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   How vulnerable are companies to data breaches?

   • This report also shows how vulnerable companies are to breaches, because over 80% of the organisations studied had experienced more than one breach. Remote work is still a factor that increases the cost of data breaches, but the cost of a breach when remote work was involved slightly decreased this year.

   New IBM Report - The Real Cost Of A Data Breach In 2022 - CyberPilot

   www.cyberpilot.io/cyberpilot-blog/new-ibm-report-the-real-cost-of-a-data-breach

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9. www.csoonline.com › article › 567697What is the cost of a data breach? - CSO Online

   www.csoonline.com › article › 567697

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   Oct 16, 2024 · IBM’s latest Cost of a Data Breach report discovered that, from March 2023 to February 2024, the average cost of a data breach globally reached an all-time high of $4.88 million. This figure ...