This statistic shows the estimated lost business costs of data breaches worldwide in 2018, by country. The reported costs include the abnormal turnover of customers, increased customer acquisition activities, reputation losses, and diminished goodwill. The highest costs were registered among companies in the United States with average detection and escalation costs of 4.2 million U.S. dollars as of 2018.
Estimated lost business costs due to data breaches worldwide in 2018, by country
(in million U.S. dollars)
*ME is a cluster sample of companies located in Saudi Arabia and the United Arab Emirates. *ASEAN is a cluster sample of companies located in Singapore, Indonesia, the Philippines and Malaysia.
*Goodwill is an accounting term used to describe the excess value of an organization above its financial assets.
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Associazione Privacy Italia. (July 1, 2018). Estimated lost business costs due to data breaches worldwide in 2018, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/1005587/lost-business-costs-worldwide/
Associazione Privacy Italia. "Estimated lost business costs due to data breaches worldwide in 2018, by country (in million U.S. dollars)." Chart. July 1, 2018. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/1005587/lost-business-costs-worldwide/
Associazione Privacy Italia. (2018). Estimated lost business costs due to data breaches worldwide in 2018, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/1005587/lost-business-costs-worldwide/
Associazione Privacy Italia. "Estimated Lost Business Costs Due to Data Breaches Worldwide in 2018, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 1 Jul 2018, https://www.statista.com/statistics/1005587/lost-business-costs-worldwide/
Associazione Privacy Italia, Estimated lost business costs due to data breaches worldwide in 2018, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1005587/lost-business-costs-worldwide/ (last visited November 08, 2024)
Estimated lost business costs due to data breaches worldwide in 2018, by country (in million U.S. dollars) [Graph], Associazione Privacy Italia, July 1, 2018. [Online]. Available: https://www.statista.com/statistics/1005587/lost-business-costs-worldwide/