Arctic Wolf Presents
Cost of a Breach
In 2022, data breach costs rose from $3.8 million to $4.2 million, the highest average total cost in the 17-year history of this report.
Calculate Your Cost
With the Arctic Wolf Cost of a Breach Calculator, you’ll be able to estimate how your organization may be affected by a cyber incident so you’re prepared for even your worst day.
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Based on our calculations, this breach could cost you at least:
Following an incident, what kind of costs should I expect to see?
Context on the Calculations
Instead, every cost computation is based on real expenses incurred by thousands of peer organizations in cybersecurity incidents of their own, as tracked through publicly available insurer reports and proprietary Arctic Wolf data.
Still, this scenario is not a guarantee — nobody knows for sure what cyber criminals are going to do next.
- - - - - - -It could easily be this bad. It could certainly be worse.
Household names like Colonial Pipeline and USCF Medical School have paid millions to ransomware attackers. Possibly the largest publicly-known payment was CNA Financial — they spent $40 million to restore their systems.
The FBI reports that Business Email Compromise attacks have cost over $43 billion dollars since 2016.Source: VentureBeat.com
The cost of identification, remediation, and investigation from the incident.
A full-service incident response service like Tetra Defense can aid in the investigation, collection, preservation, and recovery of data through expert forensics investigations.
The Equifax data breach exposed personal information from 147 million people, and the settlement required Equifax to offer them complimentary credit monitoring.
Capital One spent $150 million on remediating its data breach — but analysts foresaw a $1 billion dollar revenue hit.