Security News > 2019 > July > Average data breach cost has risen to $3.92 million
2019-07-24 05:30
The cost of a data breach has risen 12% over the past 5 years and now costs $3.92 million on average, according to IBM. These rising expenses are representative of the multiyear financial impact of breaches, increased regulation and the complex process of resolving criminal attacks. The financial consequences of a data breach can be particularly acute for small and midsize businesses. In the study, companies with less than 500 employees suffered losses of more … More → The post Average data breach cost has risen to $3.92 million appeared first on Help Net Security.
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