The average cost of a data breach is $3.86 million, but breaches affecting more than 1 million records are far more expensive.

Companies hit with a data breach pay an average of $3.86 million around the world, marking a 6.4% increase from last year. It’s no small amount for any company, but a few million is only a small fraction of the cost of “mega breaches,” which compromise at least 1 million records.

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