Key Practices in Cyber Supply Chain Risk Management

In today’s highly connected, interdependent world, all organizations rely on others for critical products and services. However, the reality of globalization, while providing many benefits, has resulted in a world where organizations no longer fully control—and often do not have full visibility into—the supply ecosystems of the products that they make or the services that they deliver.

With more and more businesses becoming digital, producing digital products and services, and moving their workloads to the cloud, the impact of a cybersecurity event today is greater than ever before and could include personal data loss, significant financial losses, compromise of product integrity or safety, and even loss of life. Organizations can no longer protect themselves by simply securing their own infrastructures since their electronic perimeter is no longer meaningful; threat actors intentionally target the suppliers of more cyber-mature organizations to take advantage of the weakest link.

 

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