Data breaches are more and more frequent today and their cost can be very high for businesses if the incident involves personal data or results from a cyber attack. In 2020, according to a report released by IBM, the average cost of a data breach decreased 1.5% from 2019.
It costs businesses an average of $ 3.86 million per incident. Depending on the study, the cost varies depending on the type of data revealed or stolen and the source of the loss. As a result, a breach caused by a cyber attack costs around $ 175 per record, compared to $ 143 for an anonymous data breach.