Third-party vendors have become crucial assets to businesses and are now key in carrying out their everyday operations. However, this has led to cybercriminals targeting vendors to gain access to sensitive information of the companies they work for and exploit that data. With an enormous surge in attacks occurring since the pandemic began, organizations must ensure that vendors are … [Read more...] about Vendor Due Diligence: Best Practices to Secure Your Supply Chain
Vendor security
6 Tips for Vendor Management Success in 2022
The cybersecurity incidents that unfolded in the past two years have been unpredictable, to say the least. This past year, businesses suffered in ways previously unknown to many. Some of the biggest lessons that we learned in 2021 include prioritizing cybersecurity and monitoring your third parties frequently, ensuring that your vendors have adequate business continuity plans, monitoring your … [Read more...] about 6 Tips for Vendor Management Success in 2022
Why Your Must Secure Your Cyber-Physical Supply Chains
Cyber-physical systems are able to combine computation, networking, and physical processes while giving us the best of both worlds in regards to both physical and digital domains. These systems possess a variety of capabilities covering everything from control systems in utilities to nuclear power plants. Cyber-physical systems operate alongside the physical environment utilizing a … [Read more...] about Why Your Must Secure Your Cyber-Physical Supply Chains
Third-Party Vendors: A Company’s Achilles Heel
Organizations spend a lot of time and money to secure their networks and customers’ data. Most of them procure the latest technology hoping that it will keep hackers at bay, not to mention the struggles of educating and training employees about cybersecurity. But all of these efforts are of limited use because, according to a latest study, third-party vendors are often the reason behind … [Read more...] about Third-Party Vendors: A Company’s Achilles Heel
Why We Need to Be Aware of the Rising Supply Chain Attacks
Around 140 organizations reported to have had their operations impacted or disrupted by a supply chain attack in the first quarter of 2021. According to the Identity Theft Resource Center (ITRC), which is a nonprofit organization, this represents a 42% increase when compared to the previous quarter (4th quarter of 2020). In total, US data breaches that were publicly reported saw an increase of 12% … [Read more...] about Why We Need to Be Aware of the Rising Supply Chain Attacks