Calculators tool
Data Breach Cost Estimator
Estimate the financial impact of a data breach for your firm.
Include PII, PHI, payment records, credentials, and business records.
Include optional cost factors
Estimated breach cost
Estimate, not a quote. Per-record costs are assumptions derived from the IBM Cost of a Data Breach Report 2024 baseline (~$165/record), scaled by a regulatory factor for your industry. Notification ($3/record), credit monitoring ($25/person), and legal figures are planning placeholders. Your actual exposure depends on data type, jurisdiction, insurance, and incident specifics — this is educational, not legal or insurance advice.
Frequently asked questions
What is the average cost per record in a data breach?
The IBM Cost of a Data Breach Report consistently places the global average at $150–$165 per record. Healthcare records command the highest per-record cost (often $400+) due to HIPAA notification requirements, OCR investigations, and reputational sensitivity.
Are notification costs really that significant?
Yes. Most U.S. states require written notification to every affected individual within 30–90 days. At scale — 10,000 records — postage, printing, call-center volume, and credit monitoring enrollment can exceed $500,000 before a single legal fee is paid.
Want this handled for you?
Elevate manages IT & security for regulated Los Angeles firms.
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