Average Cost Of A Data Breach 2024. Ibm released its annual cost of a data breach report revealing the global average cost of a data breach reached $4.88 million in 2024, as breaches grow more. Between 2020 and 2024, the average data breach cost increased by 15.3%.
In 2024, 23% of global enterprise tech leaders say theyโve experienced more than $1m+ usd. Ibm released its annual cost of a data breach report revealing the average cost of data breaches in 2024 has hit a record high of $4.88 million, up 10% from 2023.
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