Third-Party Data Breaches Rose 49% in 2023, Reaching Record Level, New Prevalent Study Finds

PHOENIX--(BUSINESS WIRE)--Prevalent Inc. published its 2024 Third-Party Risk Management Study today, finding that 61% of companies experienced a third-party data breach or cybersecurity incident last year. Breaches rose 20 points — or 49% — year over year, increasing threefold since 2021. “What stands out in our report isn’t only the number of breaches, which is the highest we’ve tracked, but also the scale,” said Prevalent CEO Kevin Hickey. “Breaches in 2023 impacted huge supply chains — from