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Global cost per data breach on average in financial industry 2019-2023

Published by Ani Petrosyan, Oct 10, 2023
As of 2023, the average cost of a data breach in the financial industry worldwide was 5.9 million U.S. dollars, down from 5.97 U.S. dollars in 2022. The global average cost of a data breach across all studied industries was 4.45 million U.S. dollars.

Average total cost of a data breach in financial industry worldwide from 2019 to 2023 (in million U.S. dollars)

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Sources

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Release date

July 2023

Region

Worldwide

Survey time period

2019 to 2023

Supplementary notes

The source adds the following information: "Our researchers collected in-depth qualitative data through over 3,475 separate interviews with individuals at 553 organizations that suffered a data breach between March 2022 and March 2023. Breaches included in the study ranged from 2,200 to 102,000 compromised records."

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Statistics on " Cybercrime and the financial industry in the United States "

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Other statistics that may interest you Cybercrime and the financial industry in the United States

Overview

7

Financial industry cyberattacks

8

Data breaches

8

Cost of a data breach

4

Data privacy and cybersecurity

6

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Topics

Data breaches worldwide
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