---
title: Cybersecurity 'ripple events' lead to 26x greater losses
description: BetaNews covered RiskRecon's new report on the continuing impact of multi-party data breaches.
---

[Media Coverage | RiskRecon ](https://blog.riskrecon.com/company/media-coverage)

# [Cybersecurity 'ripple events' lead to 26x greater losses](https://blog.riskrecon.com/company/media-coverage/cybersecurity-ripple-events-lead-to-26x-greater-losses)

 Written by [RiskRecon](https://blog.riskrecon.com/company/media-coverage/author/riskrecon) | Sep 21, 2021 1:45:00 PM

A new report by the [Cyentia Institute](https://www.cyentia.com/), sponsored by risk management company [RiskRecon](https://www.riskrecon.com/) has analyzed over 800 cyber incidents and their impact on multiple downstream organizations.

It finds that multi-party loss events that impact thousands of downstream organizations, otherwise known as 'ripple events', can result in 26x larger financial losses than traditional single-party incidents.

A median ripple breach event causes 10x the financial damage of a traditional single-party breach, with the worst of the multi-party breach event causing 26x the damage. There's a long tail too, it takes 379 days for a typical ripple event to impact 75 percent of its downstream victims.

[View full post](https://blog.riskrecon.com/company/media-coverage/cybersecurity-ripple-events-lead-to-26x-greater-losses)

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