Neil &  Company CPAs, PC

A Professional Corporation

1184 North 15th Street, Bozeman, MT 59715

 

Phone: 406-587-9239

 

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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