Exposure of customers’ personally identifiable information was the costliest to businesses.
Sponsored by IBM Security and conducted by the Ponemon Institute, the 2020 Cost of a Data Breach Report is based on in-depth interviews with more than 3,200 security professional in organizations that suffered a data breach over the past year.
As companies are increasingly accessing sensitive data via new remote-work and cloud-based business operations, the report sheds light on the financial losses that organizations can suffer if this data is compromised.
The report analyzes data breaches occurring between August 2019 and April 2020. Key findings are summarized in this infographic.