The uOttawa-IBM Cyber Range at the University of Ottawa, in Ottawa, is seen on May 22, 2024. The Canadian Press/Justin Tang
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The global average cost of a data breach has dropped for the first time in five years, although not in Canada, a new report indicates.
The average cost of a data breach between March 2024 and February 2025 decreased to $6.4 million from $6.6 million the year before, according to a July 30 report by technology giant IBM and U.S.-based cybersecurity research centre Ponemon Institute.
Olivia Gomm is a news reporter with the Canadian edition of The Epoch Times.
