Cost Of A Data Breach Ibm. The 2023 ibm report highlights that the financial sector experienced the highest total cost of data breaches, reaching sar 35.29 million. The global average cost of a data breach declined slightly in 2020, but costs were much higher than average in some organizations based on factors such as geography,.

How the cost of a data breach is calculated and what’s new in this year’s report; Cost of a data breach for uk businesses averages £3.4m.