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3 Biggest Factors in Data Breach Costs and How To Reduce Them

September 25, 2020

The cost of a data breach has increased slightly in the last six years on average. Costs are up 10% since 2014 to $3.86 million, according to the annual Cost of a Data Breach Report, published by IBM Security and based on research conducted by the Ponemon Institute.

Three areas in particular proved to have the biggest cost impact for organizations in the study. Take a look at steps organizations can take to mitigate data breach costs, from security automation and a well-trained incident response capability to securing cloud environments.

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