IBM Security 2023 Cost of a Data Breach Report

The average cost of a data breach reached an all-time high in 2023 of $4.45 million, according to the latest Ponemon Institute Cost of a Data Breach Report. Get the latest data and advice and download your free copy of the report.

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IBM’s 2023 Cost of a Data Breach Report — conducted by Ponemon Institute and sponsored by IBM— examines the root causes and both short-term and long-term consequences of data breaches.

The report includes information from 553 organizations impacted by data breaches that occurred between March 2022 and March 2023 and explores the various factors and technologies that either limited or increased the costs of a breach.

Download the report and learn what works, and doesn’t, in preventing data breaches.

View: IBM Security 2023 Cost of a Data Breach Report

Yogesh Kumar

Director of IT Services, AI4IT

As Director of IT Services at AI4IT, I help organizations modernize, secure, and scale their digital infrastructure with strategy rooted in real-world execution. With 15+ years in enterprise IT, I’ve led cloud transformations, Zero Trust security initiatives, and AI-driven automation programs for clients across finance, healthcare, logistics, and SaaS sectors. I work at the intersection of architecture and operations where hybrid cloud meets compliance, where automation meets uptime, and where innovation actually works in production. My approach is hands-on, business-aligned, and built for long-term resilience. Whether it’s deploying multi-cloud environments, standing up 24/7 SOC/NOC support, or embedding Infrastructure as Code, I help teams simplify complexity and turn IT into a growth engine. I write to share what’s working, where the gaps are, and how smart organizations are staying ahead without overengineering or overspending.

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