The 2025 Verizon Data Breach Investigations Report (DBIR) reveals a mature cyber threat economy, with infostealers and ransomware operating as part of a coordinated threat supply chain. Vulnerability exploitation, particularly of edge and VPN devices, is on the rise, fueled by automation and rapid weaponization of zero-days. Third-party involvement in breaches has doubled, underscoring the fragility of modern supply chains and the blurred lines of accountability.