Cost Of A Data Breach 2024. Interestingly, kroll data shows that in total, over 91 million people were notified of a data. According to the latest reports from the rbi, ibm, and other authoritative sources, the average cost of a data breach in india reached a staggering $2.18 million in 2023, marking a notable 28% increase over the past three years.
The cost of a breach in these organizations was $5.74 million in 2024, 7.1% higher than the 2023 figure, and $860,000 higher than the global average breach cost. This spike is primarily attributed to business disruption.
