IBM Pegs Mega Breach Cost at $350M, As Average Breach Cost Hits $3.9M

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The 2018 Cost of a Data Breach Study conducted by the Ponemon Institute and sponsored by IBM, was released on July 11, revealing an increase in costs over the past year. The new report found that that the average cost of a data breach is now $3.86 million, which is a 6.4 percent increase over the figure reported in 2017.

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