Average cost of data breach in India reached all-time high of Rs 195 Million: IBM Report

Bengaluru (Karnataka) [India], July 31 (ANI): The latest IBM cost of a data breach report has revealed a rise in the financial impact of data breaches in India, reaching an all-time high of Rs 195 million in 2024.

This marks a 39 per cent increase since 2020 and a 9 per cent rise from the previous year.

The report highlights that 70 per cent of breached organisations globally reported disruption. In India, lost business -