FUNDAMENTALS OF COMPUTER

COMPUTER THREATS SECURITY

TYPES OF COMPUTER SECURITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the average cost of a data breach for a company?
A
$3.86 million
B
$1.75 billion
C
$2.5 million
D
$2 billion
Explanation: 

Detailed explanation-1: -Average total cost of a data breach Reaching an all-time high, the cost of a data breach averaged USD 4.35 million in 2022. This figure represents a 2.6% increase from last year, when the average cost of a breach was USD 4.24 million. The average cost has climbed 12.7% from USD 3.86 million in the 2020 report.

Detailed explanation-2: -The global average cost of a data breach increased 2.6% from $4.24 million in 2021 to $4.35 million in 2022-the highest it’s been in the history of IBM Security’s “The Cost of a Data Breach Report.”

Detailed explanation-3: -$3.9 million is the global average cost of a data breach across SMBs, and for a public company, it is $116 million. Seven hundred million people in 21 countries experienced cybercrime.

Detailed explanation-4: -The average per record (per capita) cost of a data breach increased 10.3% from 2020 to 2021. In 2021 the per record cost of a breach was $161, compared to an average cost of $146 in 2020.

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