Supply chain’s role in cybersecurity
When it comes to cyber security, supply chain organizations have increasingly been the chink in a company’s armor. This is because companies don’t have full control over the security measures taken by their supply chain partners. Cybercriminals utilize this opportunity to infiltrate a supply chain partner.
Supply chains organizations are targeted so frequently because of the value of the data they store, and because they often aren’t aware of potential threats. Whether they are unaware of the threats, or simply don’t have the adequate resources to manage security at a high level, supply chain organizations aren’t taking enough action to prevent an attack. Hackers are bypassing conventional cyber defenses to infiltrate an entire software, allowing them to compromise multiple systems in a single attack. Any companies using such compromised software are vulnerable to commercial sabotage, ransomware attacks, loss of proprietary data, and much more.
While the increase in connectivity has many business benefits, it brings with it many security risks. Cybercriminals are aware of these connections, and they capitalize on the opportunity to access highly protected networks. Whether or not your business has adequate protection, your suppliers, and your supplier’s suppliers may not have the same emphasis on security. Therefore, until all entities throughout your supply chain carry out coordinated, effective protective measures, your supply chain is not truly secure. To mitigate these risks, there are a few strategies to be implemented.
Listed below are three essential ways to protect your supply chain:
Overlooking the risks posed by lack of security in their supply chain could potentially be detrimental to a company. Although there are many more important measures, simple actions like these will significantly lessen the risk of a cyber-attack in your supply chain.