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What is the Cost of a Data Breach in 2024? | UpGuard

1 year ago www.upguard.com

Summary: This is a summary of an article originally published by the source. Read the full original article here →

The cost of a data breach continues to rise every year as new attack methods, new vulnerabilities, and new risks appear. According to IBM’s Cost of a Data Breach Report 2023, the average cost of a data breach in 2023 was USD $4.45 million, a 2.3% increase from 2022’s cost of $4.35 million.