In 2024, the number of data compromises in the United States stood at 3,158 cases. Meanwhile, over 1.35 billion 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 2024 the financial services, healthcare, and professional services were the three industry sectors that recorded most data breaches. Overall, the number of healthcare data breaches in some industry sectors in the United States has gradually increased within the past few years. However, some sectors saw decrease. 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.

As of June 2025, the most significant data breach incident in the United States was the Yahoo data breach that dates back to 2013-2016. Impacting over three billion online users, this incident still remains one of the most significant data breaches worldwide. The second-biggest case was the January 2021 data breach at Microsoft, involving about 30 thousand companies in the United States and around 60 thousand companies around the world.

Between January and November 2023, California was the U.S. state with the highest number of reported data breach incidents targeting the government. In the measured period, the government agencies saw 16 cases of data breaches. Texas ranked second, with eight incidents. Overall, 137 cases of government data breaches were recorded in the United States.

Between the third quarter of 2024 and the second quarter of 2025, the number of records exposed in data breaches in the United States decreased significantly. In the most recent measured period, over **** million records were reported as leaked, down from around ****** million in the third quarter of 2024.

Between January 2014 and November 2023, the most significant data breach incident involving the U.S. government was the 2018 breach at the U.S. Postal Service. The incident compromised 60 million records. During the data breach incident at the Office of Personnel Management in 2015, 21.5 million data records were affected.

During the second quarter of 2025, data breaches exposed more than ** million records worldwide. Since the first quarter of 2020, the highest number of data records were exposed in the third quarter of ****, more than *** billion 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 *** reported data breach incidents with confirmed data loss. The second were financial institutions, with *** 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 **** million U.S. dollars. Meanwhile, a leaked data record cost about *** U.S. dollars. The United States saw the highest average breach cost globally, at **** million U.S. dollars.

The Cyber Liability Insurance industry has benefited from more services being conducted online, leading more users to exchange their personal and financial information online. Cyberattacks and hacking could result in customer identity theft and financial loss for a company, placing liability on the business. Cyber liability insurance has become increasingly attractive to companies seeking protection against financial losses from legal issues stemming from data breaches. E-commerce and online auctions have increased demand for services as these online retailers often fall victim to cybersecurity attacks. Over the past five years, revenue has been growing at a CAGR of 18.8% to $6.4 billion, including an expected increase of 5.8% in 2024 alone. Over the past five years, the industry has benefited from companies integrating online services into their business operations. In recent years, financial institutions have been one source of increased demand for insurers' services. These institutions are privy to a wide range of their customer's personal and financial information, making them a prime target for a cybersecurity attack. In addition, many businesses shifted their operations online, increasing demand for cybersecurity. Also, major cybersecurity breaches have contributed to the demand for industry services. Over the next five years, the percentage of business conducted online is expected to accelerate, encouraging more businesses to purchase cyber liability insurance to prevent significant financial loss from potential cyberattacks. Growth in major markets, like healthcare, financial services and retail, is expected to help push the industry forward during the outlook period because of growing concerns regarding identity theft. Also, internet traffic volume is expected to climb rapidly over the next five years, prompting new online businesses to purchase cyber liability coverage. Overall, industry revenue is forecast to grow at a CAGR of 5.2% to $8.3 billion over the five years to 2029.

In 2023, the most significant healthcare data breach incident in the United States was the HCA Healthcare breach. The Nashville-based company is the largest health system in the United States. During the July 2023 breach, more than 180 U.S. hospitals and 2,300 healthcare sites reported about unauthorized access. The incident impacted 11.27 million individuals in the United States. Second-ranked PJ&A data breach impacted nearly nine million individuals.

In 2024, the financial services industry in the United States was the most targeted by cyberattacks, that resulted in data compromises. That year, financial institutions in the U.S. saw 737 data compromise incidents. On the other hand, in 2023, the number of data compromise incidents in the U.S. healthcare industry was much higher than in the latest measured year.

The statistic shows the number of data breaches in the United States from 2013 to 2019, by industry. In the last measured period, the majority of the 1,473 annual data breaches affected business and medical or healthcare organizations, with 644 and 525 data breaches respectively.

In the first half of 2024, the share of health-related U.S. data breaches caused by hacking was 78 percent, which marked a two percent increase from 2023, reaching its highest rate since 2014.

Healthcare data breaches in the United States are a constantly increasing risk with the potential for significant damage to affected parties. The largest recorded U.S. data breach in the healthcare sector as of November 2024, was recorded in July 2024, at Change Healthcare, Inc., a health insurance provider in the United States, when criminal hackers stole personal data affecting *** million individuals.

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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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The identity protection industry has recently undergone transformative shifts fueled by AI and machine learning advancements. These technologies have emerged as leading solutions for combating rapidly evolving fraud tactics, offering real-time analysis capabilities that enhance platform security. With e-commerce and mobile usage soaring, personal data exposure has increased, fostering demand for robust security measures. Companies are investing heavily in AI systems, viewing them as essential competitive tools. New regulations have also heightened the importance of privacy and compliance, with firms channeling resources into security features to meet these demands. As digital commerce grows, understanding fraud risks deepens, positioning the industry for continued relevance and innovation. Over the past five years, revenue has grown at a CAGR of 5.7% and is expected to reach $5.7 billion in 2025, including a projected 2.5% increase in 2025. The industry's performance has been shaped by fierce competition and escalating costs in customer acquisition and technological upgrades. Squeezed profit have driven companies to prioritize investment in new technology and marketing to differentiate themselves in a crowded market. Wage growth has primarily centered on securing skilled tech talent, which is crucial for deploying advanced cybersecurity measures. This cost has become a lesser revenue share because of scalable service models. Marketing expenses have expanded as companies endeavor to educate a wider audience about the increasing complexity of digital threats, seeking to capture trust and market share. Despite high operational costs, effective utilization of AI has helped balance expenses by reducing false positives and streamlining operations. The industry anticipates heightened demand as data breaches continue to underscore vulnerabilities, pushing consumers to seek comprehensive protection. Innovations in AI and response to advanced scams like deepfakes will drive providers to refine detection capabilities. Identity protection companies will enhance collaboration with tech experts to strengthen defenses, as stricter data protection regulations prompt investments in monitoring systems. Established companies must differentiate through honest marketing and quality offerings as free services rise. With evolving consumer expectations and legal landscapes, companies will increasingly focus on developing integrated, cutting-edge solutions to retain relevance and consumer trust over the next five years. Overall, revenue is forecast to grow at a CAGR of 2.5% over the next five years, reaching an estimated $6.5 billion in 2030.

In the first half of 2024, the number of breached healthcare data records in the United States was over 43 million. The highest reported number of breached data records in the U.S. healthcare sector was registered in 2015, totaling 112.4 million. This figure has fluctuated dramatically since then.

In this document, comprehensive datasets are presented to advance research on information security breaches. The datasets include data on disclosed information security breaches affecting S&P500 companies between 2020 and 2023, collected through manual search of the Internet. Overall, the datasets include 504 companies, with detailed information security breach and financial data available for 97 firms that experienced a disclosed information security breach. This document will describe the datasets in detail, explain the data collection procedure and shows the initial versions of the datasets. Contact at Tilburg University Francesco Lelli

As of January 2025, the most significant data privacy violation fine worldwide was for social media giant Meta. In May 2023, the Data Protection Commission (DPC) of Ireland decided to fine the company with 1.2 billion euros or 1.3 billion U.S. dollars. The Chinese vehicle-for rent company Didi Global ranked second. In July 2022, China's data privacy regulator fined the company 8.026 billion Chinese yuan, or 1.19 billion U.S. dollars. The 2021 Amazon fine issued by Luxembourg's data privacy regulation authorities was 877 million U.S. dollars and was the third-biggest data breach fine as of the measured month. The 2019 fine of 575 million U.S. dollars to Equifax followed. In this incident, because of unpatched vulnerabilities, nearly 150 million people were affected, which caused the American consumer credit reporting agency to pay at least 575 million U.S. dollars.

Between January and September 2024, healthcare organizations in the United States saw 491 large-scale data breaches, resulting in the loss of over 500 records. This figure has increased significantly in the last decade. To date, the highest number of large-scale data breaches in the U.S. healthcare sector was recorded in 2023, with a reported 745 cases.

Introduction

The global Data Loss Prevention (DLP) Market is expected to experience substantial growth, reaching USD 22.2 billion by 2033, up from USD 2.8 billion in 2023, growing at a CAGR of 23% during the forecast period from 2024 to 2033. The market's expansion is driven by the increasing number of data breaches, regulatory compliance requirements, and growing awareness among businesses about the need to protect sensitive information. As data becomes the lifeblood of modern enterprises, companies are investing heavily in DLP solutions to safeguard their data from leaks, theft, and unauthorized access.

The size of the U.S. Cyber Security Market was valued at USD 53.45 USD Billion in 2023 and is projected to reach USD 116.69 USD Billion by 2032, with an expected CAGR of 11.8% during the forecast period. This remarkable growth is propelled by a confluence of factors, including the increasing adoption of cloud-based services and the proliferation of connected devices. Government initiatives aimed at enhancing cybersecurity infrastructure and raising awareness about cyber threats are further fueling market expansion. The rising concerns about data breaches and cyberattacks, coupled with advancements in security technologies, are also contributing to the market's growth trajectory. Key drivers for this market are: Rising Adoption of Innovative Technologies to Make Smart Evacuation Procedures Smooth to Boost Market Growth. Potential restraints include: High Cost of Innovation for Security Technologies and Budget Constraints for SMEs Limit the Market Growth. Notable trends are: Growing Implementation of Touch-based and Voice-based Infotainment Systems to Increase Adoption of Intelligent Cars.