Between March 2022 and March 2023, the highest average cost of a data breach, nearly 11 million U.S. dollars, was detected in the healthcare industry. The financial sector ranked second, with 5.9 million U.S. dollars on average per breach. The global average data breach cost in the measured period was 4.45 million U.S. dollars. Data breaches in the public sector cost relatively low, an average of 2.6 million U.S. dollars during the measured period.
Average cost of a data breach worldwide from May 2020 to March 2023, by industry
(in million U.S. dollars)
Characteristic
May 2020 - Mar 2021
Mar 2021 - Mar 2022
Mar 2022 -Mar 2023
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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 24, 2023). Average cost of a data breach worldwide from May 2020 to March 2023, by industry (in million U.S. dollars) [Graph]. In Statista. Retrieved July 15, 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 March 2023, by industry (in million U.S. dollars)." Chart. July 24, 2023. Statista. Accessed July 15, 2024. https://www.statista.com/statistics/387861/cost-data-breach-by-industry/
IBM. (2023). Average cost of a data breach worldwide from May 2020 to March 2023, by industry (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 15, 2024. https://www.statista.com/statistics/387861/cost-data-breach-by-industry/
IBM. "Average Cost of a Data Breach Worldwide from May 2020 to March 2023, by Industry (in Million U.S. Dollars)." Statista, Statista Inc., 24 Jul 2023, https://www.statista.com/statistics/387861/cost-data-breach-by-industry/
IBM, Average cost of a data breach worldwide from May 2020 to March 2023, by industry (in million U.S. dollars) Statista, https://www.statista.com/statistics/387861/cost-data-breach-by-industry/ (last visited July 15, 2024)
Average cost of a data breach worldwide from May 2020 to March 2023, by industry (in million U.S. dollars) [Graph], IBM, July 24, 2023. [Online]. Available: https://www.statista.com/statistics/387861/cost-data-breach-by-industry/