Multi-Party Cyber-Incidents Cost 13x More Than Single-Party Incidents

A new study has found that the financial losses caused by cyber-incidents affecting multiple parties are vastly more devastating than those that stem from any single-party incident. According to the Ripples Across the Risk Surface study, published today by Cyentia Institute, when compared to losses triggered by a single-party incident, the ripple effect costs that occur following multi-party incidents result in a total loss that is a whopping 13 times greater.

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