As of 2024, the average cost of a data breach in the financial industry worldwide was 6.08 million U.S. dollars, up from 5.90 U.S. dollars in 2024. The global average cost of a data breach across all studied industries was 4.88 million U.S. dollars.
Average total cost of a data breach in financial industry worldwide from 2019 to 2024
(in million U.S. dollars)
The source adds the following information: "Our researchers collected in-depth
qualitative data through over 3,475 separate interviews with individuals at 553
organizations that suffered a data breach between March 2022 and March 2023. Breaches included in the study ranged from 2,200 to 102,000 compromised records."
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IBM. (July 30, 2024). Average total cost of a data breach in financial industry worldwide from 2019 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1324063/cost-of-data-breaches-in-financial-industry-worldwide/
IBM. "Average total cost of a data breach in financial industry worldwide from 2019 to 2024 (in million U.S. dollars)." Chart. July 30, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1324063/cost-of-data-breaches-in-financial-industry-worldwide/
IBM. (2024). Average total cost of a data breach in financial industry worldwide from 2019 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1324063/cost-of-data-breaches-in-financial-industry-worldwide/
IBM. "Average Total Cost of a Data Breach in Financial Industry Worldwide from 2019 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jul 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1324063/cost-of-data-breaches-in-financial-industry-worldwide/
IBM, Average total cost of a data breach in financial industry worldwide from 2019 to 2024 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1324063/cost-of-data-breaches-in-financial-industry-worldwide/ (last visited November 10, 2024)
Average total cost of a data breach in financial industry worldwide from 2019 to 2024 (in million U.S. dollars) [Graph], IBM, July 30, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1324063/cost-of-data-breaches-in-financial-industry-worldwide/
Data breaches worldwide
