What is the Cost of a Data Breach in 2024? | UpGuard

This report summarizes major findings from 2023/2024 industry sources: average global data breach costs rose to $4.45M, healthcare and critical infrastructure face the highest impacts, 82% of breaches involved cloud data, common vectors include stolen credentials and phishing, ransomware and destructive malware drive high costs, lateral movement can occur within seconds, and automation/AI plus law enforcement engagement reduce costs and lifecycles.