Data breaches cost companies considerably less had they deployed security automation. In 2024, a data breach cost an organization that extensively used security automation 3.84 million U.S. dollars on average, compared to 5.72 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 2024
(in million U.S. dollars)
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IBM. (July 30, 2024). Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 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 2024 (in million U.S. dollars)." Chart. July 30, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/
IBM. (2024). Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 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 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jul 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 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/ (last visited November 18, 2024)
Average cost of a data breach by security automation level in organizations worldwide from 2018 to 2024 (in million U.S. dollars) [Graph], IBM, July 30, 2024. [Online]. Available: https://www.statista.com/statistics/1176688/data-breach-cost-security-automation-level/