Financial and Business Implications
• 83% of organizations reported more than one data breach. • Average data breach cost was $4.35 million . • Average cost of a ransomware attack was $4.54 million . • On average, it took 207 days to identify a data breach and 70 more to contain it .
• Stolen account credentials took 327 days on average to identify and contain. • Breaches cost about $1 million more for companies that had a large share of remote employees (80% vs 20%). • 1 in 5 breaches were caused by stolen or compromised logins .
Source: IBM 2022 Cost of a Data Breach Report
company confidential
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