As cited
Copy frozen at (site build).
The Average Cost of a Data Breach Rises to $5 Million
No summary had been written when this copy was frozen.
- First seen by Cybersecurity Tracker
Source attribution
Correction
Correction recorded as of .
research
The Average Cost of a Data Breach Rises to $5 Million
IBM's latest Cost of a Data Breach Report documents a global average breach cost reaching $4.99 million, reflecting a continued upward trend in financial impact. The report identifies artificial intelligence (AI)-backed attacks as a contributing factor to the rising costs.
Why it matters: Breach response teams and security leaders need updated financial models for budget planning and breach scenario exercises, as the cost baseline has shifted materially higher.
- Source published
- First seen by Cybersecurity Tracker