What Does a Data Breach Cost? Key Insights for Cyber Leaders

This article reviews the rising financial and reputational costs of data breaches in 2024 (global average $4.88M; healthcare average $9.77M), highlights contributors to cost escalation (extended dwell time, third-party breaches, sensitive data exposure), cites high-impact incidents (Change Healthcare, Ticketmaster), and recommends faster detection, improved asset visibility, and supply-chain monitoring to reduce breach impact.