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Cost of Data Breach

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Cyber SecurityNews

IBM 2025 Cost of Data Breach Report Centers on Mounting AI “Security Debt”

August 18, 2025
The 2025 Cost of Data Breach Report is the first major study to survey a large sampling of data breach victims about their AI access controls, so the overall security picture in this area is only just starting to come into focus. Thus far it seems fair to say that control and security are not at all keeping pace with the feverish pace of deployment of AI tools.
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Cyber SecurityNews

IBM Cost of Data Breach 2024: Breach Costs up 10%, With the Biggest Damage Done in Public Clouds

August 2, 2024
IBM's annual Cost of Data Breach report, created in conjunction with Ponemon Institute, shows no relief in sight for victims of breaches with a 10% jump in the global average cost on the year. The highest average cost per incident, $5.17 million, was incurred when the breached data was stored in public clouds.
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Cyber SecurityNews

2023 Data Breach Cost to Clorox and Johnson Controls Reaches Nearly $76 Million

February 13, 2024
Clorox reported a total of $49 million in incremental expenses related to the attack, with Johnson Controls reporting data breach costs of nearly $27 million. This money went to remediation costs such as third party contracting, as well as added operating costs due to disruptions.
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Cyber SecurityNews

IBM Cost of Data Breach Report 2023: Costs Hit Record High, But Only About Half of Breached Companies Increase Their Security Investment

August 1, 2023
Average cost of data breach has once again hit a new record to $4.45 million, up 15.3% just from 2020. Yet only 51% of organizations that have suffered a breach plan to increase security spending.
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Woman doing calculation of cost of data breach
Cyber SecurityNews

IBM Annual Cost of Data Breach Report 2022: Record Costs Usually Passed On to Consumers, “Long Breach” Expenses Make Up Half of Total Damage

August 1, 2022
The global average cost of data breach is now $4.35 million, a climb of 13% since 2020. Much of that are expenses realized more than a year after the attack, and most organizations (60%) are passing these added costs on to consumers in the form of higher prices.
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Cyber SecurityNews

Average Cost of Data Breach Hits Record High, Costs Multiply When Remote Work Is a Factor

August 3, 2021
The average cost of data breach has hit an all-time high, up almost 10% from last year to $4.24 million. That average cost increases greatly when remote workers are involved (to $4.96 million).
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Hacker working showing third-party data breach

Oxford Confirms Third-Party Data Breach Impacting CareerConnect Platform Exposed Personal Information

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Five Eyes: Chinese Espionage Uses LinkedIn Recruitment to Target Security and Intelligence Officers

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Inside Source Claims Anthropic Has Sent Mythos AI Engineers to NSA for Cyber Operations Training

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New US National Security Order Calls for Pre-Release Access and Assessment of AI Models

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