SecurityScorecard Third-Party Breach Report Reveals Software Supply Chain as Top Target for Ransomware Groups

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NEW YORK–(BUSINESS WIRE)–
SecurityScorecard today released its Global Third-Party Cybersecurity Breach Report. Using the world’s largest proprietary risk and threat data set, SecurityScorecard STRIKE threat hunters analyzed threat groups’ mass exploitation of supply chain vulnerabilities.

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(Graphic: SecurityScorecard)

Key findings include:

  • 75% of third-party breaches targeted the software and technology supply chain

    Technology supply chain vulnerabilities enable threat actors to scale their operations with minimal effort. With 75% of organizations at the highest levels of maturity saying their third-party risk program is manual as of 2021,1 companies must work toward automating vendor identification and cyber risk management across their entire digital ecosystem.
  • 64% of third-party breaches linked to C10p

    Notorious cybercrime group C10p was responsible for 64% of attributable third-party breaches in 2023, followed only by LockBit at a mere 7%. C10p’s dominance was fueled by extensive attacks exploiting a critical zero-day vulnerability in…

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