IBM® is proud to sponsor the 12th annual Cost of Data Breach Study, the industry’s gold-standard benchmark research, independently conducted by Ponemon Institute. This year’s study reports the global average cost of a data breach is down 10 percent over previous years to $3.62 million. The average cost for each lost or stolen record containing sensitive and conﬁdential information also signiﬁcantly decreased from $158 in 2016 to $141 in this year’s study.
However, despite the decline in the overall cost, companies in this year’s study are having larger breaches. The average size of the data breaches in this research increased 1.8 percent to more than 24,000 records.