Healthcare incurs highest data breach costs – for the 13th year in a row

Healthcare incurs highest data breach costs – for the 13th year in a row

New research by the Ponemon Institute and IBM Security revealed that the global average cost of a data breach reached $4.45 million and the costs of avoiding law enforcement after a ransomware attack have increased by $470,000.

Looking across industries at 553 organizations impacted by data breaches that occurred between March 2022 and March 2023, not only did the healthcare sector see a 53% jump in …