How Much Can a Data Breach Cost Your Business?

The average cost of a data breach globally is $4.35 million. Answer the questions below to see how region, industry and other key factor affect the average cost of a data breach.

How does your region effect the average cost of data breach?

The cost of a data breach changes from region to region because of many factors like available security talent and regulatory penalties.

The average cost of a data breach in the United States is $9.44 million

The United States had the highest average total cost of a data breach at $9.44 million,a 4% increase from $9.05 million in 2021.

The average cost of a data breach in the Middle East is $7.46 million.

A data breach in the Middle East has the second highest in the world and increased $0.53 million, or 7.%, in 2022.

The average cost of a data breach in the Canada is $5.64 million.

Canada has third highest cost of a data breach worldwide country at $5.64 million, an increase of $0.24 million or 4.4% over 2021.

The average cost of a data breach in the United Kingdom is $5.05 million.

The U.K. climbed from seventh to fourth on the cost of a data breach ranking in 2022

The average cost of a data breach in the Germany is $4.85 million.

Germany is in the top 5 for highest data breach costs worldwide.

The average cost of a data breach in the Japan is $4.57 million.

Japan has the sixth highest data breach cost worldwide.

The average cost of a data breach in the Latin America is $2.80 million.

The cost of a data breach in Latin America increased by almost one-quarter in 2022.

The average cost of a data breach in the France is $4.34 million.

France has the seventh highest cost of a data breach worldwide.

The average cost of a data breach in the Brazil is $1.38 million.

Brazil saw the largest data breach cost increase in 2022, up 0.3 million or 27%.

The average cost of a data breach in the Scandinavia is $2.08 million.

Scandinavia has the 16th highest data breach cost in the world.

The average cost of a data breach in the Italy is $3.74 million.

The cost of a data breach in Italy increased by 13% in 2022 from $3.61 million to $3.74 million.

The average cost of a data breach in the South Africa is $3.36 million

The cost of a data breach rose by 15% in South Africa in 2022.

The average cost of a data breach in the Turkey is $1.11 million.

Turkey had the 17th highest cost of a data breach worldwide.

The average cost of a data breach in the India is $2.32 million

The cost of a data breach in india increased by 11% in 2022 from $2.2 million in 2021 to $2.32 million.

The average cost of a data breach in the Australia is $2.92 million.

Data breach costs in Australia rose by 10% in 2022 from $2.82 million in 2021.

The average cost of a data breach in the ASEAN is $2.87 million.

The cost of adata breach in the ASEAN region climbed by 11% in 2022 from $2.71 million in 2021.

How does your industry effect the cost of a data breach?

The sector that your organization is in can impact the cost of a data breach because of variables like compliance and technology infrastructure.

The average cost of a data breach for the healthcare sector is $10.10 million

The average cost of a breach in healthcare is the highest in any industry and increased by 9% or $0.87 million in 2022.

The average cost of a data breach for the financial sector is $5.97 million

The financial sector has the second highest data breach cost with an increase of 4% in data breach costs over 2021.

The average cost of a data breach for the pharmaceuticals sector is $5.01 million

The pharmaceutical sector had the third highest cost of a data breach in 2022

The average cost of a data breach for the technology sector is $4.97 million

The technology sector had the fourth highest cost of a data breach in 2022 up 9% over 2021's $4.88 million.

The average cost of a data breach for the energy sector is $4.72 million

A data breach in the energy sector cost 7% more in 2022 than it did in 2021.

The average cost of a data breach for the services sector is $4.70 million

The average cost of a breach in the professional services sector rose by 5% in 2022.

The average cost of a data breach for the industrial sector is $4.47 million

The industrial sector saw an increase in the cost of a data breach of $0.23 million or 5% in 2022.

The average cost of a data breach for the research sector is $3.88 million

The research sector saw a massive jump of 25% in data breach costs in 2022 over $3.88 million 2021.

The average cost of a data breach for the consumer sector is $3.86 million

A data breach in the consumer sector cost 16% more in 2022 than it did in 2021.

The average cost of a data breach for the education sector is $3.86 million

The average cost of a data breach in the eductaion sector rose by 7% in 2022.

The average cost of a data breach for the entertainent sector is $3.83 million

A data breach in the entertainment sector cost 3% more in 2022 than it did in 2021.

The average cost of a data breach for the communications sector is $3.62 million

The average cost of a data breach in the communications sector can also be impaced by regulatory penalties.

The average cost of a data breach for the communications sector is $3.62 million

The cost of a data breach in a critical infrastructure sector like transportation can be impacted by high incident response costs.

The average cost of a data breach for the retail sector is $3.28 million

The cost of a data breach cause 60% of retail businesses to raise prices in 2022.

The average cost of a data breach for the media sector is $3.15 million

The average cost of a data breach for media orgabizations rose by 2% in 2022.

The average cost of a data breach for the hospitality sector is $2.94 million

The average cost of a data breach in the hospitality sector can also be impacted by regulatory penalties.

The average cost of a data breach for the public sector is $2.07 million

The cost of a data breach for public sector organizations rose by 14% in 2022.

How do these key factors effect the cost of a data breach?

Great! Utilizing artificial intelligence (AI) and automation for security reduces the average cost of a data breach by $300,075.

Graphus AI-enabled automated email security protects your business for half the cost of the competition.

You could reduce your cost of a data breach by $300,075 if you utilize artificial intelligence (AI) and automation for security.

Put AI and automation to work for you with Graphus AI-enabled automated email security to protect your organization from email-based threats for half the cost of the competition.

Great! Stolen or compromised credentials remains the most common cause of a data breach--monitoring for them allows you to act before cybercriminals do.

Dark Web ID alerts you to compromised credentials fast with 24/7/365 protection of business and personal credentials, domains, IP addresses and email addresses.

Breaches caused by stolen or compromised credentials had an average cost of $4.50 million.

Protect your organization from nasty credential compromise surprises with Dark Web ID to be alerted if your organization's credentials hit the dark web thanks to 24/7/365 protection of business and personal credentials, domains, IP addresses and email addresses.

Great! Security awareness training for employees reduces the average data breach cost by $247,758.

BullPhish ID makes security awareness training easy and affordable featuring video lessons and phishing simulations with customizable content and automated delivery.

You could reduce your cost of a data breach by $247,758 if you provide security awareness training to your employees.

Start training to improve your organization's defense quckly and easily with BullPhish ID's security awareness training that includes video lessons and phishing simulations with customizable content and automated delivery.

Great! Utilizing identity and access management reduces the average cost of a data breach by $224,396.

Passly offers an unbeatable value with four IAM essentials in one affordable solution.

You could reduce your cost of a data breach by $224,396 if you start using an identity and access management solution.

Put the IAM protection your organization needs in place fast with Passly, a value-packed solution that offers 2FA, SSO, password vaults and remote management tools in one affordable package.

Great! Having cyber insurance reduces the average breach cost by $240,488.

BullPhish ID helps you comply with your insurer's security awareness training requirements without breaking the bank.

You could reduce your cost of a data breach by $240,488 by getting cyber insurance.

Start training quickly and affordably with BullPhish ID video lessons and phishing simulations to get in compliance with your insurer's security awareness training requirements without breaking the bank.

Great! Having an incident response team reduces data breach costs by $252,897 and Managed SOc puts the expertise you need in an emergency at your fingertips.

Managed SOC is an affordable managed cybersecurity detection and response solution backed by a world-class security operations center.

You could reduce your data breach cost by $252,897 with an incident response team and Managed SOC puts the expert help that you need detecting and responding to an intrusion at your fingertips.

Quickly and affordably add experts to your incident response team with Managed SOC, an affordable managed cybersecurity detection and response solution backed by a world-class security operations center.

Great! The average breach cost savings associated with a mature zero trust deployment versus early adoption of zero trust is $1.51 million.

Passly's two-factor authentication and automated email security with Graphus speed you on the road to a zero-trust architecture.

You could reduce your cost of a data breach by $1.51 million with a mature zero trust deployment.

Put the building blocks in place to move to zero trust with identity and access management with Passly featuring 2FA and automated email security with Graphus

Having remote workers increases the average cost of a data breach by $152,465.

BullPhish ID provides the automated training and phishing simulations that remote employees need to avoid cybercriminal traps.

Great! Having remote workers increases the average cost of a data breach by $152,465.

Don't keep taking dangerous risks and get your remote users the training they need to prevent an expensive employee mistaker with BullPhish ID, featuring a large library of video lessons and customizable phishing simulations.

Compliance failures can increase the cost of a data breach by $258,293.

BullPhish ID includes a huge library of training videos with quizzes that educate employees about data handling and security best practices.

Great! Having compliance failures increases the average cost of a data breach by $258,293.

Prevent an expensive compliance failure with employee training using BullPhish ID, an afordable solution that a huge library of training videos with quizzes that educate employees about data handling and security best practices.

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