Third-party breaches create network weak spots

A new report from Black Kite shows how third-party data breaches create critical weak spots in extended networks, potentially leaving businesses open to cyber attacks, which can have a negative ripple effect across the organization and its stakeholders. The report is based on analysis of 81 vendor breaches impacting 251 companies in 2023. Unauthorized network access was the leading cause of breaches, accounting for over half (53 percent) of third-party breach incidents. This represents a 26 percent increase from 2022, with ransomware being the most common method of compromise. The second most common cause of breaches is ransomware attacks, with… [Continue Reading]