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Dabbs, Hickman, Hill & Cannon, LLP

 

319 South Main Street, PO Box 727

Statesboro, GA 30459

Phone: 912-764-6951

 

325 Tattnall Street

Savannah, GA 31401

Phone: 912-233-9004

July 2022

The Average Cost of a Data Breach

The Average Cost of a Data Breach

In 2021, data breach costs rose from $3.86 million to $4.24 million globally. This is the highest average total cost in the 17-year history of the IBM study.* It took an average of 287 days to identify and contain a typical breach. In the U.S., the average cost per breach was $9.05 million.


The top three affected industries include:

  • Healthcare - $9.23M

  • Financial - $5.72M

  • Pharmaceuticals - $5.04M


* https://www.ibm.com/security/data-breach


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