Between March 2022 and February 2024, the highest average cost of a data breach, nearly 9.77million U.S. dollars, was detected in the healthcare industry. The financial sector ranked second, with 6.08 million U.S. dollars on average per breach. The global average data breach cost in the measured period was 4.88 million U.S. dollars. Data breaches in the public sector cost relatively low, an average of 2.55 million U.S. dollars during the measured period.
Average cost of a data breach worldwide from May 2020 to February 2024, by industry
(in million U.S. dollars)
The source adds the following information: "Our researchers collected in-depth
qualitative data through over 3,475 separate interviews with individuals at 553
organizations that suffered a data breach between March 2022 and March 2023. Breaches included in the study ranged from 2,200 to 102,000 compromised records."
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IBM. (July 30, 2024). Average cost of a data breach worldwide from May 2020 to February 2024, by industry (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/387861/cost-data-breach-by-industry/
IBM. "Average cost of a data breach worldwide from May 2020 to February 2024, by industry (in million U.S. dollars)." Chart. July 30, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/387861/cost-data-breach-by-industry/
IBM. (2024). Average cost of a data breach worldwide from May 2020 to February 2024, by industry (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/387861/cost-data-breach-by-industry/
IBM. "Average Cost of a Data Breach Worldwide from May 2020 to February 2024, by Industry (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jul 2024, https://www.statista.com/statistics/387861/cost-data-breach-by-industry/
IBM, Average cost of a data breach worldwide from May 2020 to February 2024, by industry (in million U.S. dollars) Statista, https://www.statista.com/statistics/387861/cost-data-breach-by-industry/ (last visited November 05, 2024)
Average cost of a data breach worldwide from May 2020 to February 2024, by industry (in million U.S. dollars) [Graph], IBM, July 30, 2024. [Online]. Available: https://www.statista.com/statistics/387861/cost-data-breach-by-industry/