What’s new in the 2021 Cost of a Data Breach Report - Security Intelligence | IBM

The 2021 Cost of a Data Breach Report, sponsored by IBM Security, reveals a record-high average cost of $4.24 million, with remote work contributing to increased costs and containment times. The report highlights the effectiveness of security AI, automation, and zero trust in mitigating financial impacts, with fully deployed AI and automation reducing costs by $3.81 million. Additionally, the hybrid cloud model showed the lowest average cost, and cloud modernization helped decrease breach response times.