Every second counts when it comes to identifying a cyber breach. The longer a breach goes undetected, the greater the potential for damage, including financial loss, reputational harm, and compromised data security.
In 2024, the frequency and impact of cyber breaches have continued to rise, posing increasingly severe threats to businesses across all sectors. On average, it takes 277 days to identify and contain a cyber breach — which underscores the urgent need for vigilant cybersecurity measures.
In this blog, we’ll delve into the key statistics surrounding cyber breach detection, explore how different industries compare, and discuss why these figures are crucial for protecting your business from evolving cyber threats.
Key Statistics
- It takes on average 277 days to identify and contain a cyber breach
- 207 days to identify
- 70 days to contain
- The global average cost of a data breach in 2024 is $7.2M AUD
What is the Average Response Time to Detect a Cyber Breach in 2024?
It takes on average 277 days to identify and contain a cyber breach.
The considerable delay in identifying breaches highlights an alarming gap in cybersecurity measures. Allowing breaches to go undetected for extended periods can lead to severe consequences for all businesses.
Companies that prioritise faster detection and implement efficient incident response protocols are better positioned to safeguard their operations.
By investing in advanced detection technologies and regular security assessments, businesses can significantly improve their response times and resilience against cyber threats.
Average Number of Days to Detect a Data Breach by Industry
The entertainment industry faces the longest average response time to a cyber breach, with an average of 287 days to detect a breach, making it particularly vulnerable. Healthcare also stands out with a lengthy detection time of 255 days, reflecting the high stakes in an industry where sensitive personal data is at risk.
Conversely, the energy sector is the most efficient in detecting breaches, with an average detection time of 150 days, highlighting the industry’s focus on swift incident response to potential threats.
Sectors handling large volumes of personal or sensitive data, like healthcare and entertainment, experience longer detection times, which could lead to significant consequences if not addressed promptly.
For industries like energy and financial services, faster detection times suggest a more proactive approach to incident response, which could serve as a model for other sectors aiming to enhance their breach detection capabilities.
OneCloud IT Solutions is Your Cybersecurity Solution
The average response time to a cyber breach in 2024 is a critical factor for businesses, with an average of 277 days needed to identify and contain a breach.
Understanding and improving this response time is essential for businesses protecting against the continuously growing threat of cyber breaches. Companies must adopt more proactive cybersecurity strategies, focusing on quicker detection and more effective incident response techniques.
If you’re looking to strengthen your cybersecurity measures, OneCloud IT Solutions offers comprehensive cybersecurity services tailored to your needs. Explore more about our offerings at OneCloud IT Solutions, or get in touch with us to discuss how we can help safeguard your business.