Supply Chain Attacks Leaped 51% In 2021

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Cyberattacks on supply chains increased by more than 51% between July and December 2021.

The report which featured 1,400 cybersecurity decision-makers showed that only 36% of them bear more responsibility than their suppliers for preventing, detecting and resolving supply chain attacks. 53% said that their company and their suppliers are equally responsible for supply chain security.

A supply chain is a network between a company and its suppliers in order to produce and distribute a particular product or service.

There are several reasons why supply chain cyberattacks are on the rise. One of the reasons is that companies fail to set security standards for their suppliers, and one-third of companies do not regularly monitor and risk access their suppliers’ cybersecurity arrangements.

To protect against supply chain attacks, organizations must recognize that their suppliers could pose a cyber risk, there is a need to increase the budget for security.

Other measures include threat detection and response, cybersecurity reviews and assessments, security awareness and staff training, as well as infrastructure and application training and testing.

The sources for this piece include an article in TechRepublic.

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