IBM Security and Ponemon Institute have released the 2018 Cost of Data Breach Study, based on conducted interviews with more than 2,200 IT, data protection, and compliance professionals from 477 companies that have experienced a data breach over the past 12 months.
According to the findings, data breaches continue to be costlier and result in more consumer records being lost or stolen, year after year. Here are some brief facts:
- Average total cost of a data breach: $3.86 million
- Average cost per lost or stolen record: $148
- The average total cost of data breach increased by 6.4 percent.
- Notification costs are the highest in the United States.
- Hackers and criminal insiders cause the most data breaches.
27% of data breaches are based on human errors, but 48 % are caused due to malicious or criminal attacks and 25 % are a result of a system clitch. Futher details may be found in the study (written in English).
Die Goldstandard-Benchmarkstudie der #Cybersecurity-Branche.
— IBM Security (@IBMSecurity) 13. August 2018