Data breaches cost companies considerably less had they deployed security automation. In 2024, a data breach cost an organization that extensively used security automation 3.84 million U.S. dollars on average, compared to 5.72 million U.S. dollars on average for an organization with no such deployment.
Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024
(in million U.S. dollars)
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IBM. (July 30, 2024). Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM. "Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars)." Chart. July 30, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM. (2024). Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM. "Average Cost of a Data Breach by Security Automation Level in Organizations Worldwide from 2018 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jul 2024, https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM, Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/ (last visited September 01, 2024)
Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars) [Graph], IBM, July 30, 2024. [Online]. Available: https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/