Research Shows Data Breach Costs Have Reached an All-Time High

Costs of data breaches dropping globally but not in Canada: IBM study

TORONTO — A new report shows the global average cost of a data breach dropped for the first time in five years — but not in Canada. The average cost of a breach between March 2024 and February 2025 was $6.4 million, down from $6.

Research shows data breach costs have reached an all-time high

The average cost of a data breach for U.S. companies jumped 9% to an all-time high of $10.22 million in 2025, as the global average cost fell 9% to $4.44 million, IBM said in its 20th annual Cost of a Data Breach Report Wednesday. While shorter investigations are pushing down costs globally, reflecting the first decline in five years, IBM found higher regulatory fines, along with detection and escalation costs, are driving up the ultimate recove…

Canada one of the top places in the world for data breaches caused by AI, says report

New data has shown that Canada is one of the top global spots for money lost by data breaches. A recent report by IBM has revealed that, on an international scale, Canada ranks fourth in terms of capital lost due to breached data. According to IBM’s Cost of a Data Breach Report, in 2025, the average cost of data breaches in Canada was nearly $7 million, a 10 per cent increase compared to 2024. In the Canadian financial sector, cumulative breache…

IBM Report: Canadians' Data Security Under Increased Threat, While Breach Costs Surge - PressReach

Open the article to view the coverage from pressreach.com