How can organisations secure their supply chains from cyber attacks?
Every organisation relies on suppliers of varying scales and dependencies. Increasingly, cyber attackers are focused on penetrating these supply chains.
Supply chain cyber risk can be categorised by three types of breach
First party via service
A customer suffers a breach as a direct result of a supplier of theirs being breached: The attacker is able to move laterally from the supplier’s network to the customer’s network, and the supplier holds data of the customer, which is compromised.
First party via software
A customer suffers a breach due to a vulnerability in a third-party product, either within the customer’s own environment or within a supplier’s environment.
Third Party Risk
A cyber attack hits a core supplier that prevents them from delivering products or services to a customer, resulting in disruption to the customer’s own ability to operate.
Who owns supply chain risk
There is often no single owner of supply chain risk. It’s a joint business activity requiring multiple stakeholders.
At ISTARI, our experts have first-hand experience engaging organisations’ C-suites to guide them on the journey of transforming supply chain cyber risk management.
The journey to supply chain cyber resilience
In the past, supply chain cyber defence was operationalised through the legal, compliance, procurement and audit functions. These defences are necessary but no longer sufficient as adversaries constantly scan suppliers for soft targets.
Legal Procurement Compliance Cyber
Continuous defensive monitoring of entire supply chain
Curation of daily findings for accuracy & priority
Continuous escalation of findings & remediations
Remediation status monitoring & reporting
Legal Procurement Compliance Cyber
Continuous defensive monitoring of entire supply chain
Curation of daily findings for accuracy & priority
Continuous escalation of findings & remediations
Remediation status monitoring & reporting
Legal Procurement Compliance Cyber
Benefits of an automated & continuous programme
Continuous monitoring and remediation in the supply chain for externally visible vulnerabilities is critical. Benefits include:
1.
Reduced headcount through automation
2.
Reduced risk through threat & vulnerability monitoring
3.
Reduced cost & increased efficiency through automation
How can ISTARI help?
We help organisations understand where they currently rank against our third-party cyber risk maturity model and guide them to shift their approach from an ad-hoc to an optimised programme.
Through the companies in our Collective and our partnerships, we offer curated capabilities that deliver at even the most advanced maturity levels.
Embed cyber resilience within your supply chain.
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