View Data Breach Notification Reports, which include how many breaches are reported each year and the number of affected residents.
In 2023, the number of data compromises in the United States stood at 3,205 cases. Meanwhile, over 353 million individuals were affected in the same year by data compromises, including data breaches, leakage, and exposure. While these are three different events, they have one thing in common. As a result of all three incidents, the sensitive data is accessed by an unauthorized threat actor. Industries most vulnerable to data breaches Some industry sectors usually see more significant cases of private data violations than others. This is determined by the type and volume of the personal information organizations of these sectors store. In 2022, healthcare, financial services, and manufacturing were the three industry sectors that recorded most data breaches. The number of healthcare data breaches in the United States has gradually increased within the past few years. In the financial sector, data compromises increased almost twice between 2020 and 2022, while manufacturing saw an increase of more than three times in data compromise incidents. Largest data exposures worldwide In 2020, an adult streaming website, CAM4, experienced a leakage of nearly 11 billion records. This, by far, is the most extensive reported data leakage. This case, though, is unique because cyber security researchers found the vulnerability before the cyber criminals. The second-largest data breach is the Yahoo data breach, dating back to 2013. The company first reported about one billion exposed records, then later, in 2017, came up with an updated number of leaked records, which was three billion. In March 2018, the third biggest data breach happened, involving India’s national identification database Aadhaar. As a result of this incident, over 1.1 billion records were exposed.
During the third quarter of 2024, data breaches exposed more than 422 million records worldwide. Since the first quarter of 2020, the highest number of data records were exposed in the first quarter of 202, more than 818 million data sets. Data breaches remain among the biggest concerns of company leaders worldwide. The most common causes of sensitive information loss were operating system vulnerabilities on endpoint devices. Which industries see the most data breaches? Meanwhile, certain conditions make some industry sectors more prone to data breaches than others. According to the latest observations, the public administration experienced the highest number of data breaches between 2021 and 2022. The industry saw 495 reported data breach incidents with confirmed data loss. The second were financial institutions, with 421 data breach cases, followed by healthcare providers. Data breach cost Data breach incidents have various consequences, the most common impact being financial losses and business disruptions. As of 2023, the average data breach cost across businesses worldwide was 4.45 million U.S. dollars. Meanwhile, a leaked data record cost about 165 U.S. dollars. The United States saw the highest average breach cost globally, at 9.48 million U.S. dollars.
The largest reported data leakage as of January 2024 was the Cam4 data breach in March 2020, which exposed more than 10 billion data records. The second-largest data breach in history so far, the Yahoo data breach, occurred in 2013. The company initially reported about one billion exposed data records, but after an investigation, the company updated the number, revealing that three billion accounts were affected. The National Public Data Breach was announced in August 2024. The incident became public when personally identifiable information of individuals became available for sale on the dark web. Overall, the security professionals estimate the leakage of nearly three billion personal records. The next significant data leakage was the March 2018 security breach of India's national ID database, Aadhaar, with over 1.1 billion records exposed. This included biometric information such as identification numbers and fingerprint scans, which could be used to open bank accounts and receive financial aid, among other government services.
Cybercrime - the dark side of digitalization As the world continues its journey into the digital age, corporations and governments across the globe have been increasing their reliance on technology to collect, analyze and store personal data. This, in turn, has led to a rise in the number of cyber crimes, ranging from minor breaches to global-scale attacks impacting billions of users – such as in the case of Yahoo. Within the U.S. alone, 1802 cases of data compromise were reported in 2022. This was a marked increase from the 447 cases reported a decade prior. The high price of data protection As of 2022, the average cost of a single data breach across all industries worldwide stood at around 4.35 million U.S. dollars. This was found to be most costly in the healthcare sector, with each leak reported to have cost the affected party a hefty 10.1 million U.S. dollars. The financial segment followed closely behind. Here, each breach resulted in a loss of approximately 6 million U.S. dollars - 1.5 million more than the global average.
In the first half of 2024, healthcare providers reported 252 data breaches in the U.S. healthcare sector, becoming the entity with the highest number of reported breach incidents. As of the time of the reporting, business associates ranked second with the number of reported data breaches.
Between May 2023 and April 2024, the highest monthly number of reports about personal data security reports in Denmark was registered in June 2023. In that month, the Danish data protection authority received 1,028 reports. In the most recently measured month, the number of reports was 777.
The data breach notification software market size has the potential to grow by USD 725.41 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by deployment (on-premise and cloud-based) and geography (North America, Europe, APAC, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including AO Kaspersky Lab, Canopy Software Inc., Exterro Inc. , Infocomply Corp., International Business Machines Corp., OneTrust LLC, PKWARE Inc., Proteus-Cyber Ltd., RADAR LLC, and Thales Group.
Market Overview
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Market Competitive Analysis
The market is fragmented. AO Kaspersky Lab, Canopy Software Inc., Exterro Inc., Infocomply Corp., International Business Machines Corp., OneTrust LLC, PKWARE Inc., Proteus-Cyber Ltd., RADAR LLC, and Thales Group are some of the major market participants. Factors such as the rise in the number of data breach notification regulations will offer immense growth opportunities. However, the lack of awareness regarding cybersecurity may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this data breach notification software market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this data breach notification software market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
AO Kaspersky Lab Canopy Software Inc. Exterro Inc. Infocomply Corp. International Business Machines Corp. OneTrust LLC PKWARE Inc. Proteus-Cyber Ltd. RADAR LLC Thales Group
Data Breach Notification Software Market: Segmentation by Geography
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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The increasing number of cyberattacks and threats will significantly influence data breach notification software market's growth in this region.
44% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for data breach notification software in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the data breach notification software market size.
Data Breach Notification Software Market: Key Highlights of the Report for 2020-2024
CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will data breach notification software market growth during the next five years Precise estimation of the data breach notification software market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the data breach notification software industry across North America, Europe, APAC, MEA, and South America A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of data breach notification software market vendors
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Between May 2023 and April 2024, more than 81 percent of the reports about personal data security breaches were about unintentional incidents. Malicious activities and access abuse ranked second, with around four percent of the reported incidents, followed by eavesdropping or interception.
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According to Cognitive Market Research, the Global Information Security Consulting Market is expected to have a market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The Asia-Pacific region has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
North America is the fastest growing with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Cloud Security has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The cloud segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Large Enterprise has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The BFSI segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Market Dynamics
Key drivers
The increasing number of cyber-attacks globally is favoring market growth
Strong security solutions are in more demand as a result of the growing anxiety that cyber assaults are causing among both individuals and enterprises. Any hostile action directed towards computer networks, infrastructures, personal computers, smartphones, or computer information systems is called a cyberattack. Because of this and the need for more stringent security and regulatory compliance, the information security consulting industry is growing quickly. For instance, according to McKinsey and company, cyberattacks are on track to cause $10.5 trillion a year in damage by 2025. That’s a 300 percent increase from 2015 levels. To protect against the onslaught, organizations around the world spent around $150 billion on cybersecurity in 2021, and this sum is growing by 12.4 percent a year. In all industries combined, the average cost of a single data breach as of 2022 was approximately 4.35 million US dollars. The healthcare industry was shown to be the most expensive for this, with each leak estimated to have cost the impacted party a whopping 10.1 million dollars. The segment on finances was closely followed. The Cam4 data breach in March 2020, which revealed over 10 billion data records, was the largest known data leak as of January 2024. The Yahoo data breach, which happened in 2013, is currently the second-largest data breach in history. To compact these increasing data breaches and cybercrimes, many company solutions have been in development and adopted. Cloud migration will remain a key component of many organizations' technological agendas. For this reason, cloud providers must be able to safeguard both standard and customized cloud configurations. Furthermore, there is a sharp rise in the demand for cyber security in the fields of healthcare, banking and financial services, aviation, and automobiles. Some of the main factors driving the demand for technologically advanced information security solutions among businesses are the emergence of IoT and connected technologies, the quick adoption of smartphones for digital payments, and the use of unsecured networks for accessing organizational servers. Therefore, the market is expected to grow significantly in the coming years.
The rise in the number of regulations and developments has favoured the market growth
As cyber risks continue to grow, information security has become a key concern for both individuals and enterprises. The laws and regulatory requirements that are propelling the information security market's expansion are intended to strengthen cybersecurity defenses and shield private information from nefarious individuals. For instance, The United States government enacted two cybersecurity laws into law in June 2022. The first bill, the State and Local Government Cybersecurity Act of 2022, aims to improve cooperation between state, territorial, local, and tribal governments as well as the Cybersecurity and Infrastructure Security Agency (CISA). It is anticipated that these important actions will boost the i...
The government has surveyed UK businesses, charities and educational institutions to find out how they approach cyber security and gain insight into the cyber security issues they face. The research informs government policy on cyber security and how government works with industry to build a prosperous and resilient digital UK.
For more information you can read the press notice.
30 March 2022
Respondents were asked about their approach to cyber security and any breaches or attacks over the 12 months before the interview. Main survey interviews took place between October 2021 and January 2022. Qualitative follow up interviews took place in December 2021 and January 2022.
UK
The survey is part of the government’s National Cyber Strategy. Cyber security guidance and information for businesses, including details of free training and support, can be found on the National Cyber Security Centre website.
The survey was carried out by Ipsos UK.
This release is published in accordance with the Code of Practice for Statistics (2018), as produced by the UK Statistics Authority. The UKSA has the overall objective of promoting and safeguarding the production and publication of official statistics that serve the public good. It monitors and reports on all official statistics, and promotes good practice in this area.
The document above contains a list of ministers and officials who have received privileged early access to this release. In line with best practice, the list has been kept to a minimum and those given access for briefing purposes had a maximum of 24 hours.
The responsible analyst and statistician for this release is Maddy Ell. For any queries please contact cybersurveys@dsit.gov.uk.
As of February 2024, the United States ranked first by the average cost of a data breach, 9.36 million U.S. dollars. The average cost of data breaches in the Middle East is 8.75 million U.S. dollars. Benelux followed in the ranking, with 5.9 million U.S. dollars. In the measured period, the global average data breach cost was 4.88 million U.S. dollars. Phishing scams in the U.S. Breached data often ends up in the hands of threat actors who use it for malicious purposes, including online scams. Phishing continues to be a major threat in North America, particularly on smartphones. In the second quarter of 2023, the region recorded the highest number of phishing and malicious attack attempts globally. The United States was particularly affected, with 45 percent of U.S. citizens reporting being targeted by scam texts, e-mails, and calls on a daily basis. Additionally, phishing and spoofing were the most common types of cybercrime, impacting 298 thousand individuals in 2023. These attacks led to financial losses, with U.S. victims reporting nearly 20 billion U.S. dollars in damages throughout the year. U.S. users and data privacy Despite only 20 percent of internet users in the United States being highly knowledgeable about data privacy and cybersecurity, a significant portion of users demonstrated caution and awareness in protecting their information. In fact, over half of surveyed U.S. users reported being somewhat confident in knowing the right steps to take in the event of a cyberattack. Furthermore, 43 percent of U.S. users actively decline cookies on websites, reflecting their increasing concern for data protection. Many respondents also take additional steps to safeguard their digital privacy, such as limiting or avoiding clicking on ads as well as not answering phone calls due to cybersecurity risks.
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The online privacy protection service market is experiencing robust growth, driven by increasing cyber threats, stringent data privacy regulations (like GDPR and CCPA), and rising consumer awareness of data breaches. The market, currently valued at approximately $25 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant expansion is fueled by several key factors. The proliferation of connected devices and the increasing reliance on online services for personal and professional activities have heightened vulnerability to data breaches and identity theft. Consequently, demand for comprehensive privacy protection solutions, including credit monitoring, identity theft protection, and other security services, is surging. Furthermore, the BFSI (Banking, Financial Services, and Insurance) and government sectors are major drivers, investing heavily in robust security measures to safeguard sensitive customer and citizen data. The market segmentation reveals a strong preference for credit and ID monitoring services, indicating a focus on mitigating financial and reputational risks. While North America currently holds the largest market share, owing to high technological adoption and awareness, regions like Asia-Pacific are exhibiting rapid growth, fueled by increasing internet penetration and rising disposable incomes. However, challenges remain, including the complexities of evolving cyber threats and the need for continuous innovation to stay ahead of sophisticated attackers. The market's competitive landscape is diverse, with established players like NortonLifeLock, Experian, and Equifax alongside emerging technology providers and cloud platforms. Future growth will likely be influenced by advancements in artificial intelligence (AI) and machine learning (ML) for threat detection, the development of more user-friendly and integrated solutions, and the continuing evolution of data privacy regulations globally.
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Global Data Breach Notification Software market size 2025 was XX Million. Data Breach Notification Software Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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Objective: The rapid adoption of health information technology (IT) coupled with growing reports of ransomware, and hacking has made cybersecurity a priority in health care. This study leverages federal data in order to better understand current cybersecurity threats in the context of health IT.
Materials and Methods: Retrospective observational study of all available reported data breaches in the United States from 2013 to 2017, downloaded from a publicly available federal regulatory database.
Results: There were 1512 data breaches affecting 154 415 257 patient records from a heterogeneous distribution of covered entities (P < .001). There were 128 electronic medical record-related breaches of 4 867 920 patient records, while 363 hacking incidents affected 130 702 378 records.
Discussion and Conclusion: Despite making up less than 25% of all breaches, hacking was responsible for nearly 85% of all affected patient records. As medicine becomes increasingly interconnected and informatics-driven, significant improvements to cybersecurity must be made so our health IT infrastructure is simultaneously effective, safe, and secure.
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The Privacy Incident Management Software market, currently valued at approximately $3004.5 million in 2025, is experiencing robust growth driven by increasing data breaches, stringent data privacy regulations (like GDPR and CCPA), and the rising adoption of cloud-based solutions. Organizations across all sectors are recognizing the critical need for proactive and efficient incident management to minimize the financial, reputational, and legal ramifications of data breaches. The market is segmented by deployment (cloud-based and on-premises) and user type (SMEs and large enterprises), with cloud-based solutions gaining significant traction due to their scalability, cost-effectiveness, and ease of implementation. The large enterprise segment dominates market share, driven by their greater resources and heightened vulnerability to complex data breaches. Growth is also fueled by the increasing adoption of AI and machine learning in incident response, enabling faster detection and remediation of privacy incidents. The competitive landscape is dynamic, with a mix of established players like IBM and Microsoft and specialized vendors such as RadarFirst, OneTrust, and Exterro offering diverse solutions catering to specific needs. Geographic growth is largely influenced by the maturity of data privacy regulations and digital infrastructure in each region. North America currently holds a significant market share, followed by Europe, driven by robust regulatory frameworks and a high concentration of data-intensive industries. The forecast period (2025-2033) anticipates continued market expansion, fueled by ongoing technological advancements, expanding regulatory compliance requirements globally, and growing awareness of cybersecurity risks. While the market faces challenges such as high initial investment costs and a shortage of skilled cybersecurity professionals, these hurdles are being addressed through innovative solutions and increased investment in training and development. The increasing prevalence of interconnected systems and the Internet of Things (IoT) presents both opportunities and challenges, demanding sophisticated incident management tools capable of handling the complexity of modern data environments. The market will continue its dynamic evolution, with continuous innovation in response mechanisms and the integration of various security technologies shaping the future of privacy incident management.
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The Information Leakage Prevention (ILP) software market is experiencing robust growth, driven by increasing cyber threats and stringent data privacy regulations. While precise figures for market size and CAGR are not provided, a reasonable estimation based on industry trends suggests a 2025 market size of approximately $5 billion, expanding at a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This growth is fueled by the rising adoption of cloud-based solutions, particularly among large enterprises seeking enhanced security and compliance. The increasing sophistication of cyberattacks, coupled with the significant financial and reputational damage associated with data breaches, are primary drivers propelling market expansion. Furthermore, the growing awareness of data privacy regulations like GDPR and CCPA is mandating the implementation of robust ILP solutions across various industries. The market segmentation reveals a strong preference for cloud-based ILP solutions, reflecting the shift towards flexible and scalable security infrastructures. Large enterprises dominate the application segment due to their greater sensitivity to data breaches and higher compliance requirements. However, the SME segment is also experiencing significant growth, driven by increasing affordability and awareness of the risks associated with data loss. Geographic distribution shows a strong concentration in North America and Europe, reflecting higher levels of technological adoption and regulatory stringency in these regions. The competitive landscape is highly fragmented, featuring established players like Broadcom, McAfee, and Microsoft, alongside emerging innovative companies. This competition fosters innovation and drives down costs, making ILP solutions more accessible to a wider range of organizations. Future growth will likely be influenced by advancements in AI-powered threat detection, automation, and integration with other security solutions.
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The Cybersecurity Market Report is Segmented by Offering (Solutions (Application Security, Cloud Security, Data Security, Identity and Access Management, Infrastructure Protection, Integrated Risk Management, Network Security Equipment, and Other Solutions) and Services (Professional Services and Managed Services)), by Deployment (On-Premise and Cloud), by End-User Industry (IT and Telecommunication, BFSI, Retail and E-Commerce, Oil, Gas and Energy, Manufacturing, Government and Defense, and Other End-User Industries), by Geography (North America, Europe, Asia Pacific, (latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
Contains SSA Security Reports that allow Information Security Officers (ISOs) to access, review and take appropriate action based on the information contained in the Security Reports. This is in accordance with the federal Identity, Credential, and Access Management (ICAM) segment architecture.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 5.65(USD Billion) |
MARKET SIZE 2024 | 6.38(USD Billion) |
MARKET SIZE 2032 | 17.01(USD Billion) |
SEGMENTS COVERED | Products and Services ,Deployment Model ,Application ,Security Threats ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising awareness of cyber threats Increasing adoption of IoT medical devices Government regulations Growing need for data security Advancements in AI and machine learning |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Palo Alto Networks ,IBM ,Check Point Software Technologies ,McAfee, LLC ,Cisco Systems, Inc. ,Symantec Corporation ,Trend Micro Incorporated ,Fortinet, Inc. ,Rapid7, Inc. ,Tenable Holdings, Inc. ,Qualys, Inc. ,FireEye, Inc. ,CrowdStrike Holdings, Inc. ,Mandiant, Inc. ,Dragos, Inc. |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Increasing Adoption of Connected Medical Devices Growing Number of Cyberattacks on Healthcare Organizations Rising Awareness of Data Privacy Regulations Government Initiatives to Strengthen Cybersecurity Infrastructure Expansion of CloudBased Healthcare Technologies |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 13.03% (2024 - 2032) |
View Data Breach Notification Reports, which include how many breaches are reported each year and the number of affected residents.