In today’s interconnected world, organisations not only have to contend with threats to their own cybersecurity, but they also have to be concerned about attacks on their supply chain as well. Supply chain risk can significantly increase an organisation’s attack surface – and the bigger the supply chain network, the more opportunities there are for a malicious actor to access … Read More
Top tips on how to manage vendors more efficiently
Vendor management allows organisations to build relationships with service providers and suppliers while controlling costs, driving excellence and mitigating risks. The aim is not only to gain increased value from vendors throughout the lifecycle of the partnership but to strengthen both businesses at the same time. To effectively manage vendors, it’s not about negotiating the lowest possible price but constantly working … Read More
Digital Supply Chain – what is it, and how do you protect it?
New technologies enable businesses to provide the platform for a thoroughly modern supply chain – the digital supply chain. A digital supply chain includes the process of delivering a digital asset from the point of origin to its destination. In today’s technological world, a digital supply chain spans the entire operations of most organisations. A digital supply chain utilises advanced technologies … Read More
Why is cybersecurity important? Taking proactive cybersecurity measures.
What proactive cybersecurity measures you can take to protect your supply chain To understand why is cybersecurity important, we have to take a look at a recent survey, conducted by Gartner. During a recent Executive Advisory Board meeting at Gartner, highly-acclaimed research and advisory firm specialising in cybersecurity amongst other things, one of its members highlighted that while their team is quite … Read More
Okta cyber security attack: Supply chain attacks on the rise
Analysing Okta cyber attack and what you should do if your business has been affected Organisations that use Okta to provide access to their networks have been affected by a cyberattack conducted by the hacking group Lapsus$. Okta said that in a worst-case scenario, 366 of its clients had been compromised and their “data may have been viewed or acted … Read More
How a cyber ecosystem works – your protection against a supply chain attack
A cyber ecosystem is very much like a physical ecosystem. Within a cyber ecosystem, individuals, organisations, and external parties interact with one another to form one digital functioning unit. Your organisation remains at the heart of this ecosystem and will be joined by other entities surrounding it, such as suppliers, vendors, and third or fourth parties. But in case of a supply chain … Read More
How to use NIST SP 800-61 guide to be better prepared for third-party risk
As your business grows, so does its third-party ecosystem. But with growth comes a greater sense of responsibility which entails increasing cybersecurity measures and protecting your company against cyberattacks. Ensuring your organisation’s cyber defences are at an optimal level is paramount in today’s digital age to protect against technology outages, credential and data exposures, denial-of-service attacks, ransomware, and other threats. Here … Read More
How to ensure vendor security in a hybrid working environment
The pandemic has seen our lives shift from the office to home, bringing new nightmares for IT security heads. The work-from-home culture has created new challenges for businesses as they see their attack surface expand and their cybersecurity needs intensify. How do you ensure your vendor security in a hybrid working environment is still intact? According to the World Economic Forum’s Global Risk Report, in 2020, cybercrime … Read More
How has supplier due diligence responded to modern supply chain threats?
With the European Union forecasting that this year will see a four-fold increase in software supply chain attacks in 2021, compared to last year, vendor security has become an enormously important priority for almost every business this year. On the heels of cybersecurity incidents like the SolarWinds breach and the Codecov cyberattack, we need to relook at our processes; all … Read More
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