Tabby Faustine

Data Breach 2024 Statistics Interview. Breach notification costs rose to $370k in 2023, a 19.4% increase over. These developments signal an urgent need for enhanced security measures, strategic planning, and international cooperation to mitigate risks and safeguard sensitive information.

This edition of the cost of data breach report surveyed 604 organizations across a broad range of industries and countries; Breaches caused by phishing took the third longest mean time to identify and contain at 295 days according to ibm’s 2022.