The Cost of a Data Breach Report equips IT, risk management and security leaders with quantifiable evidence to help them better manage their security investments, risk profile and strategic decision-making processes. The 2023 edition represents this report’s 18th consecutive year. This year’s research—conducted independently by Ponemon Institute and sponsored, analyzed and published by IBM Security —studied 553 organizations impacted by data breaches that occurred between March 2022 and March 2023.