"$10.22 million and counting": US cyber breaches have become a boardroom issue
A US cyber breach now costs $10.22 million on average, but the figure itself is only part of the warning. What matters more is what it reveals about the way organizations are managing risk.
For too long, cyber risk has been treated as a technical problem to be solved by technical teams, but that position is becoming harder to defend. The companies hit hardest by cyber incidents are those without the visibility, governance and accountability to respond when pressure hits.
According to IBM’s latest research, the average cost of a data breach in the US is the highest of any region globally. At the same time, FBI data continues to point to hundreds of thousands of cybercrime complaints each year, with losses measured in the tens of billions.
A growing proportion of businessesare also now formally disclosing incidents, with one 2025 survey suggesting that 76% reported a breach or...
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