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A multi-party data breach creates 26x the financial damage of single-party breach

September 27, 2021

Cyentia Institute and RiskRecon released a research that quantifies how a multi-party data breach impacts many organizations in today’s interconnected digital world.

The study is based on an analysis of 897 multi-party breaches involving three or more interrelated companies.

The impact of multi-party data breach events:

  • 897 multi-party data breach incidents, also referred to as ripple events, have been observed since 2008.
  • 147 newly uncovered ripples were observed across the entire data set, with 108 occurring in the last three years.

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