Cyber Chaos: Third-Party Breaches Skyrocket as Supply Chains Become Hacker Heaven
Third-party breaches are the new party crashers! According to SecurityScorecard’s 2025 report, 35.5% of breaches in 2024 were third-party related. Retail and hospitality took the biggest hit at 52.4%, while Singapore led globally with 71.4%. It’s time to upgrade those security plus-ones!
Hot Take:
Who needs a horror movie when you have third-party vulnerabilities creeping up on you like a bad hair day? With cyber-attacks making their way into the mainstream faster than a cat video on the internet, it’s clear that the real horror show is happening behind our screens. The solution? Maybe we should start treating third-party vendors like those suspiciously friendly neighbors who always want to borrow your tools – with a healthy dose of skepticism and a lock on the tool shed.
Key Points:
– Third-party breaches accounted for 35.5% of cyber breaches in 2024, up from 29% in the previous year.
– Ransomware attacks using third-party access vectors made up 41.4% of such attacks, with Clop leading the charge.
– Only 46.75% of 2024 third-party breaches involved tech products, suggesting attackers are branching out.
– The retail and hospitality sector faced the highest rate of third-party breaches at 52.4%.
– Singapore organizations had the highest third-party breach rate globally at 71.4%.