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Understand the Potential Cost Associated with a Data Breach
Protect Your Most Valuable Asset
Globally, the average cost of a data breach rose to USD 4.45 million, a USD 100,000 increase from 2022. This represents a 2.3% increase from the 2022 average cost of USD 4.35 million. Since 2020, when the average total cost of a data breach was USD 3.86 million, the average total cost has increased 15.3%.
The global average cost of a data breach in 2023 was USD 4.45 million, a 15% increase over 3 years.
The percentage of breaches that involved data stored in the cloud—public, private or multiple environments.
Number of breaches identified by an organization’s own security teams or tools.
All calculations are based on IBM Cost of a Breach Report 2023. The cost of a data breach is divided into four cost segments (Lost business cost, Detection and escalation, Post-breach response, and Notification)
The only end-to-end Enterprise data protection Solution
PK Protect offers three solutions ensuring your sensitive data is protected wherever it lives and moves inside and outside of your organization. Whether you need to meet compliance requirements, are being proactive against a breach, or have been breached, PK Protect helps you solve it quickly.
How Much Can You Lose in A Cyber Attack? The Ripple Effect of A Data Breach
Despite global efforts, every year cyber-attack statistics grow larger and more threatening. In 2021 alone, the average number of cyberattacks and data breaches increased by 15.1 percent over 2020. This sharp increase should prompt organizations to consider when—not if—they will be attacked and prepare accordingly. But in order to do so, businesses need something that has been lacking in most cybersecurity conversations up to this point: a deeper understanding of both the risks and the true costs of a data breach.
PKWARE July 31, 2022
