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

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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.
  • A median ripple breach event causes 10x the financial damage of a traditional single-party breach.
  • The worst of the multi-party data breach events causes 26x the financial damage of the worst single-party breach.
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