data breach costs
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IBM & Ponemon Institute Study: Data Breach Costs Rising, Now $4 million per Incident
IBM Security today announced the results of a global study analyzing the financial impact of data breaches to a company's bottom line. Sponsored by IBM and conducted by the Ponemon Institute, the study found that the average cost of a data breach for companies surveyed has grown to $4 million, representing a 29 percent increase since 2013...
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IBM Report: Cost of Data Breaches Hit Record High During Pandemic - Healthcare Breaches Cost the Most By Far, at $9.23 Million per Incident
IBM Security today announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average - the highest cost in the 17-year history of the report. Based on in-depth analysis of real-world data breaches experienced by over 500 organizations, the study suggests that security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic, with costs rising 10% compared to the prior year...Healthcare breaches cost the most by far, at $9.23 million per incident - a $2 million increase over the previous year.
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