Ibm report: consumers pay the price as data breach costs reach all-time high

60% of breached businesses raised product prices post-breach; vast majority of critical infrastructure lagging in zero trust adoption; $550,000 in extra costs for insufficiently staffed businesses cambridge, mass. , july 27, 2022 /prnewswire/ -- ibm (nyse: ibm) security today released the annual cost of a data breach report,1 revealing costlier and higher-impact data breaches than ever before, with the global average cost of a data breach reaching an all-time high of $4.35 million for studied organizations.
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