As of 2024, the average cost of a data breach in Canada was 4.66 U.S. dollars, down from 5.13 million U.S. dollars in the previous year. The global average cost per data breach was 4.88 million U.S. dollars as of 2024, up from 4.45 million U.S. dollars recorded in 2023.
Average cost of a data breach in Canada from 2019 to 2024
(in million U.S. dollars)
The source adds the following information: "Our researchers collected in-depth
qualitative data through over 3,475 separate interviews with individuals at 553
organizations that suffered a data breach between March 2022 and March 2023. Breaches included in the study ranged from 2,200 to 102,000 compromised records."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IBM. (July 30, 2024). Average cost of a data breach in Canada from 2019 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1346934/canada-average-cost-incurred-by-a-data-breach/
IBM. "Average cost of a data breach in Canada from 2019 to 2024 (in million U.S. dollars)." Chart. July 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1346934/canada-average-cost-incurred-by-a-data-breach/
IBM. (2024). Average cost of a data breach in Canada from 2019 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1346934/canada-average-cost-incurred-by-a-data-breach/
IBM. "Average Cost of a Data Breach in Canada from 2019 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jul 2024, https://www.statista.com/statistics/1346934/canada-average-cost-incurred-by-a-data-breach/
IBM, Average cost of a data breach in Canada from 2019 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1346934/canada-average-cost-incurred-by-a-data-breach/ (last visited December 21, 2024)
Average cost of a data breach in Canada from 2019 to 2024 (in million U.S. dollars) [Graph], IBM, July 30, 2024. [Online]. Available: https://www.statista.com/statistics/1346934/canada-average-cost-incurred-by-a-data-breach/
