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IBM Report Reveals $4.4M Average Cost of Data Breaches

10/7/2025

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IBM Reports Data Breach Costs
  • An International Business Machines (IBM) report finds the average data-breach cost across 600 organizations worldwide is $4.4 million.
  • Marks & Spencer and Co-op attacks cost £300 million and £120 million.
  • Marks & Spencer was breached via a third-party contractor, halting online shopping.
  • Co-op's ransomware attack was contained, limiting damage.
  • Cyber expert Jamie MacColl notes English-speaking teenage hackers seeking recognition.
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