Blog | G5 Cyber Security

Data Breach Costs Drop Globally But Increase in US

IBM’s Cost of Data Breach report released June 20. The average cost per data breach is now $3.62 million worldwide. This marks the first time data breach cost has decreased overall since IBM created the report. The US takes the top spot for notification costs, which average $690,000 per company, per breach — more than double the amount of any other nation surveyed. The mean time to identify a breach was 191 days, but the range was 24- to 546 days for detection.”]

Source: https://www.darkreading.com/attacks-breaches/data-breach-costs-drop-globally-but-increase-in-us

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