Data Breach Costs a Company $4.4 Million on Average, Report Finds

  • The average cost of a data breach rose to an all-time high of $4.4 million this year. The annual report is based on an analysis of data breaches experienced by 550 organizations around the world between March 2021 and March 2022.
  • While some costs like the payment of ransoms and those related to investigating and containing the breach tend to be accounted for right away, others such as regulatory fines and lost sales can show up years later.