Multi-target breaches can end up costing far more than imagined

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A breach that affects more than one target company creates 26 times more financial damage, compared to an attack that affects only one target, a new report from RiskRecon and Cyentia Institute claims. 

Analyzing how a multi-party data breach impacts businesses in today’s hyper-connected world, the two companies investigated 897 multi-party breaches affecting at least three interrelated organizations. They call these breaches “ripple breach events”. 

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