India orgs lost avg 12.8 cr to data breaches: IBM

Data breaches cost organisations in India about Rs 12.8 crore on average between July 2018 and April 2019, according to a report sponsored by tech giant IBM.

The global average total cost of a data breach was USD 3.92 million (about Rs 27.03 crore) with the average size of the breach being 25,575 records.

In India, the per capita cost per lost or stolen record was at Rs 5,019, compared USD 150 per record globally. On average, 35,636 records were compromised in a data breach in India – which ranked 15th in terms of the total cost of the breach.

The findings are part of the 2019 Cost of a Data Breach Report, conducted by the Ponemon Institute, and sponsored by IBM Security.