What’s new in the 2023 Cost of a Data Breach report

Data breach costs have hit a global average of $4.45 million, a 15% increase over three years, according to research by Ponemon Institute and IBM Security. However, the report also highlights opportunities for cost containment, including security AI and automation, a DevSecOps approach, and incident response plans. The healthcare industry continues to have the most expensive data breaches, for the 13th consecutive year.