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COST OF A DATA BREACH 2022

A million-dollar race to detect and respond

Download the report



 * 01Regional insights
 * 02Industry insights
 * 03Initial attack vectors
 * 04Lifecycle
 * 05Key cost factors
 * 06Cost savings
 * 07Cloud vulnerabilities
 * 08Incident response

01 Regional insights
 * 01 Regional insights
 * 02 Industry insights
 * 03 Initial attack vectors
 * 04 Lifecycle
 * 05 Key cost factors
 * 06 Cost savings
 * 07 Cloud vulnerabilities
 * 08 Incident response


IN AN EVOLVING THREAT LANDSCAPE, TIME IS MONEY

The best way to prevent a data breach is to understand why it’s happening. Now
in its 17th year, the 2022 Cost of a Data Breach report shares the latest
insights into the expanding threat landscape and offers recommendations for how
to save time and limit losses.

For 83% of companies, it’s not if a data breach will happen, but when. Usually
more than once. When detecting, responding to and recovering from threats,
faster is better. Organizations using AI and automation had a 74-day shorter
breach lifecycle and saved an average of USD 3 million more than those without.

*All dollar amounts shown on this site are in USD millions


REGIONAL (GLOBAL) INSIGHTS


A DATA BREACH IN THE US COSTS OVER TWICE THE GLOBAL AVERAGE

For the 12th year in a row, the United States holds the title for the highest
cost of a data breach, USD 5.09 million more than the global average.

$9.44M

Average cost of a data breach in the United States

$4.35M

Global average total cost of a data breach


INDUSTRY INSIGHTS


HEALTHCARE GETS HIT HARD

The cost of a breach in the healthcare industry went up 42% since 2020. For the
12th year in a row, healthcare had the highest average data breach cost of any
industry.

$10.10M

Average total cost of a breach in the healthcare industry


INITIAL ATTACK VECTORS


STOLEN OR COMPROMISED CREDENTIALS ARE COSTLY

Stolen or compromised credentials were not only the most common cause of a data
breach, but at 327 days, took the longest time to identify. This attack vector
ended up costing USD 150,000 more than the average cost of a data breach.

0
$5M
$4M
$3M
$2M
$1M
Phishing
Business email compromise
Vulnerability in third-party software
Stolen or compromised credentials
Malicious insider
Cloud misconfiguration
Social engineering
Physical security compromise
Accidental data loss or lost device
System error
$4.91
16%
$4.89
6%
$4.55
13%
$4.50
19%
$4.18
8%






*Costs are in millions in US dollars
Cost
Frequency
Explore an outcome




LIFECYCLE


DAYS SAVED ARE DOLLARS SAVED WHEN IT COMES TO A DATA BREACH

In 2022, it took an average of 277 days—about 9 months—to identify and contain a
breach. Shortening the time it takes to identify and contain a data breach to
200 days or less can save money.

$1.12M

Average savings of containing a data breach in 200 days or less


KEY COST FACTORS


RANSOMWARE ATTACKS GREW AND DESTRUCTIVE ATTACKS GOT COSTLIER

The share of breaches caused by ransomware grew 41% in the last year and took 49
days longer than average to identify and contain. Additionally, destructive
attacks increased in cost by over USD 430,000.

$4.54M

Average cost of a ransomware attack

$5.12M

Average cost of a destructive attack


COST SAVINGS


AI AND AUTOMATION OFFER THE BIGGEST SAVINGS

Organizations that had a fully deployed AI and automation program were able to
identify and contain a breach 28 days faster than those that didn’t, saving USD
3.05 million in costs. However, it’s not all or nothing. Organizations with a
partially deployed AI and automation program fared significantly better than
those without.


CLOUD VULNERABILITIES


NEARLY HALF OF ALL DATA BREACHES HAPPEN IN THE CLOUD

While 45% of breaches occurred in the cloud, organizations with a hybrid cloud
model had lower average data breach costs—USD 3.80 million—compared to
organizations with a public or private cloud model.

$4.24M

Average data breach cost in organizations with private clouds

$5.02M

Average data breach cost in organizations with public clouds


INCIDENT RESPONSE


DON’T JUST MAKE AN INCIDENT RESPONSE PLAN. TEST IT.

Having an incident response (IR) plan is only the first step. Testing that plan
regularly can help you proactively identify weaknesses in your cybersecurity and
shore up your defenses. Not to mention you can save millions in data breach
costs.

$2.66M

Average breach cost savings at organizations with an IR team that tested their
plan versus those who didn’t


NEXT STEPS


DOWNLOAD THE REPORT

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take to reduce costs.




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