By Steven Hawley
IBM has released a report detailing the costs of data breaches to businesses. According to IBM, “In the United States, the average cost of a data breach increased from $7.91 million in 2018 to $8.19 million in 2019… Globally, the average cost of a data breach has increased to $3.92 million.” The report goes on to say that the proportion of breaches attributable to malicious attacks on data centers rose to 51% of the total in 2019, with a per-record cost of $166.
Why it matters
While this IBM report does not single out piracy as a cause of data breaches, piracy can be a result. For example, pirates can exploit consumer profile data lost to breaches to compromise the online safety of consumers and potentially cause rights infringement by targeting pirate apps to vulnerable devices.