Remote work increased cost of data breaches, according to IBM report

Research from the tech giant has found that the cost of data breaches rose by 13 per cent over the past two years

New research from IBM points to spiralling costs caused by data breaches

The average cost of a data breach in an enterprise or large organisation hit $4.35 million (€4.3 million) according to IBM’s Cost of a Data Breach report 2021. The IT giant investigated 537 breaches across large organisations for the study and found the average cost of a breach has risen by 13 per cent over the past two years.

The average cost was $1.07 million higher where remote work was a factor in causing the ...