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In 2016, researcher Sasha Romanosky estimated that while the mean breach cost around the targeted firm $5 million, this figure was inflated by a few highly expensive breaches, and the typical data breach was much less costly, around $200,000. Romanosky estimated the total annual cost to corporations in the United States to be around $10 billion.
This is a list of reports about data breaches, using data compiled from various sources, including press reports, government news releases, and mainstream news articles. The list includes those involving the theft or compromise of 30,000 or more records, although many smaller breaches occur continually.
According to an IBM report, the average cost of a data breach in 2019 was $3.92 million, while a healthcare industry breach usually costs $6.45 million. However, the average cost of a healthcare data breach (average breach size 25,575 records) in the U.S. is $15 million. [16]
Cyberattacks on businesses are rising, including small businesses. According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack — which features a type ...
If you worry about identity theft and credit card fraud, this week's news has been troubling. Target revised upward the number of customer accounts compromised by hackers from 40 million to 110 ...
This year, millions of data breach notices were sent to Washington residents. Here’s what you need to know and how to keep your data safe. WA data breaches are at a ‘record-breaking severity.’
It is unclear whether temporary loss of access to data is enough to trigger liability, or whether GDPR applies to all incidents related to security or only unauthorised access. [51] Further, the incident could be classed as a "personal data breach" which would be a data breach of the GDPR under Article 4 named "Definitions", paragraph 12.
It also expects about $25 million of the cost to be covered by cyber insurance coverage. The breach began around April 2023 and lasted about five months, affecting nearly half of the 14.1 million ...