Cost Of A Data Breach 2024. The irish arm of tiktok set aside more than $1 billion (€950 million) in 2023 to cover the cost of potential fines relating to two data protection commission (dpc) investigations. The 2024 landscape of breach economics is marked by a stark milestone—the average cost of a data breach climbing to $4.88 million, a.
Ibm) today released its annual cost of a data breach report revealing the average cost of a data breach in the uk reached £3.58 million in 2024, as. According to ibm’s latest cost of a data breach report, the global average cost of a data breach increased to $4.88 million in 2024, a 10% jump over the previous year.