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The cost per lost or stolen record containing sensitive and confidential information increased 4.8% in 2018, averaging $149 each. (Photo: Shutterstock)

A new IBM Security study, Cost of a Data Breach Study 2018, identifies the full financial impact of a data breach on a company’s bottom line.

Sponsored by IBM Security and conducted by Ponemon Institute, the study found that the average cost of a data breach globally is $3.86 million. This is a 6.4% increase from the 2017 report.

Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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