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Cost for data breaches averaged Rs 17.6 cr in 2022, highest ever: IBM study

Industrial companies paid most for cyberattacks as 'threat magnitude' grows

Topics
Data breach | India data privacy | Cyberattacks

Peerzada Abrar  |  Bengaluru 



Virtual assistant, internet, technology, data
The services industry’s average cost of breach was Rs 7,085 and it was Rs 6,900 for the technology industry

Data breaches cost Indian businesses an average of Rs 17.6 crore in 2022—the highest amount ever, according to an report that called the "biggest challenge" to industry.

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First Published: Wed, July 27 2022. 18:11 IST

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