Data Breach Costs Decline Globally but Increase in Canada: IBM Report

Data Breach Costs Decline Globally but Increase in Canada: IBM Report

The global average cost of a data breach has dropped for the first time in five years, although not in Canada, a new report indicates. The average cost of a data breach between March 2024 and February 2025 decreased to $6.4 million from $6.6 million the year before, according to a July 30 report by technology giant IBM and U.S.-based cybersecurity research centre Ponemon Institute. Although global costs are declining due to less time taken to in…

IBM Report Warns of Shadow AI and Identity Gaps as Breach Costs Hit $10M in U.S.

Artificial intelligence is now a double-edged sword in cybersecurity. IBM’s Cost of a Data Breach Report 2025 reveals that while AI and automation are shortening breach lifecycles and reducing costs globally, they’re also introducing new vulnerabilities especially in organizations without proper governance. In the U.S., where breaches are costliest, the gap between innovation and oversight is proving especially expensive.The global average cost …

Average global data breach cost now $4.44 million - Help Net Security

IBM released its Cost of a Data Breach Report, which revealed AI adoption is greatly outpacing AI security and governance. While the overall number of organizations experiencing an AI-related breach is a small representation of the researched population, this is the first time security, governance and access controls for AI have been studied in this report, which suggests AI is already an easy, high value target. The AI oversight gap 13% of orga…