Data breaches cost companies considerably less had they deployed security automation. In 2023, a data breach cost an organization who extensively used security automation 3.6 million U.S. dollars on average, compared to 5.36 million U.S. dollars on average for an organization with no such deployment.
Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2023
(in million U.S. dollars)
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IBM. (July 21, 2023). Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM. "Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2023 (in million U.S. dollars)." Chart. July 21, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM. (2023). Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM. "Average Cost of a Data Breach by Security Automation Level in Organizations Worldwide from 2018 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Jul 2023, https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM, Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/ (last visited July 22, 2024)
Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2023 (in million U.S. dollars) [Graph], IBM, July 21, 2023. [Online]. Available: https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/