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."
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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 November 25, 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 November 25, 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: November 25, 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 November 25, 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/