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Fast Facts: How Much Do Data Breaches Cost?

By Claire Meyer

18 December 2023

Focus on Cyber Incident Response

Data breaches are getting more expensive. While business disruptions and lost revenue costs decreased slightly in 2023, the cost to detect and escalate breaches is on the rise, especially as organizations pursue longer and more complex breach investigations, according to IBM Security’s Cost of a Data Breach Report 2023.

So, what does a data breach cost today, and what elements affect the price?

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