B
Evidence Grade B
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accuracy verified by the review judge
Safe to Cite
Recent
$5,560,000
$5,560,000 -- average data breach cost for Financial services sector (2025)
According to IBM's 2025 Cost of a Data Breach report, the average cost of a data breach in the financial services sector was $5.56 million per incident.
- Ranked second most expensive sector to breach, behind only healthcare
Attribution:
View source
Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
$5,560,000
Unit
Currency Usd
Data Vintage
2025
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
IBM
Primary
Tier B
https://www.360factors.com/blog/banks-ensure-cyber-security-management/ ↗
Source Article
How Banks Ensure Effective Cyber Security Management
Original Research
IBM
· Original study ↗
Methodology
IBM Cost of a Data Breach report 2025; financial services ranked second most expensive sector to breach, behind healthcare
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Financial services sector: $5,560,000 average data breach cost. Source: IBM (2025). Via Lighthouse Intelligence -- https://lighthousedata.io/data/financial-services-data-breach-cost-2025
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<blockquote cite="https://lighthousedata.io/data/financial-services-data-breach-cost-2025" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$5,560,000</strong> -- average data breach cost for Financial services sector<br><small>Source: IBM (2025) · <a href="https://lighthousedata.io/data/financial-services-data-breach-cost-2025" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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