According to recent research, 54% of businesses suffered a third-party data breach during the previous 12 months alone — and the cost of those breaches continues to rise. Today, the average cost of a data breach has risen to $4.45 million in the United States, an increase of more than 15% over the past three years, and the data indicates that third-party involvement is one of the most significant exacerbating factors.

Source: Dark Reading: Cloud