Monday, September 25 2023

What is a supply chain attack?

Simply put, a system of activities involving distribution, handling, manufacturing and processing of elements in order to move resources from vendor to final consumer in a supply network is called a supply chain. By targeting less-secure elements in the supply network, A supply chain attacker breaks into the supply chain network of the organization. Any industry, from the financial sector, oil industry or government sector, cant be exempted from the likelihood of attacked by supply chain attack.

How do attackers break into the supply chain network?

By installing a rootkit or hardware-based spying components, Cyber criminals typically tamper with the manufacturing process of a product. In an Internet Security Threat Report, powered by Symantec, it is stated that supply chain attacks still continues to be a feature of the threat landscape, with an increase by 78 percent in 2018.

Examples of supply chain attack

Stuxnet computer worm and Eastern European ATM malware are examples of supply chain attacks.

How to avoid supply chain attack?

If managed poorly, supply chain management systems can become significant hazards for cyber attacks, leading to a loss of sensitive customer information, disruption of the manufacturing process, and damaging a company’s reputation.

Supply chain management experts recommend strict control of an institution’s supply network in order to prevent potential damage from cyber criminals.

How to prevent supply chain attack?
Previous

Web applications suffered 52% more attacks in 2019

Next

All Apps at the Google Play Store safe?

Check Also

Widget

Don’t Miss

Cyber Executive Moves: Expel, AXA XL

Ellie Buscemi

Expel appoints a new chief product officer, AXA XL announces a new chief executive and DataVisor appoints a new chief revenue officer. Expel, a security operations provider in Herndon, Virginia, appointed Yonni Shelmerdine as the new chief product officer on Aug. 28. Shelmerdine comes to Expel from SentinelOne where he was the vice president of Product Management, endpoint […]

Grip Security Raising $41 Million Series B Led by Third Point Ventures

SecureDisruptions

SaaS security company plans to accelerate growth and extend market leadership SaaS identity risk management platform Grip Security announced a $41 million Series B funding round led by Third Point Ventures, with participation from YL Ventures, Intel Capital and The Syndicate Group. The investment would bring Grip Security’s total funding to $66 million and marks a major milestone for the […]

Partner One Acquires Key Fidelis Cybersecurity Assets

SecureDisruptions

Partner One, one of the fastest growing software conglomerates in the world, has announced its acquisition of Fidelis Cybersecurity software, intellectual property, equipment, inventory and customer and reseller contracts. Fidelis software is a leader in the cybersecurity industry, with innovative eXtended Detection and Response (XDR) and Cloud Native Application Protection Platform (CNAPP). Fidelis solutions protect […]

Healthcare IoT: Risks, Policy, and the Path Forward 

John Powers

When Amazon launched as an online bookstore twenty-eight years ago, few would have imagined that patients could one day go to its website to treat their acid reflux. But times change. Amazon just expanded their virtual healthcare marketplace, Amazon Clinic. Across the U.S., customers can now consult with clinicians through virtual calls and get treatment […]

NIST Updates Cybersecurity Framework in New Draft, Seeks Public Comment

John Powers

The National Institute of Standards and Technology updated their cybersecurity framework for the third time in a new draft. The new framework offers guidance to organizations about reducing cybersecurity risks. It contains a set of outcomes so that any organization can evaluate, prioritize, grasp, and communicate its cybersecurity measures in an effective way. The draft […]

N.Y. Gov. Debuts Premier State Cybersecurity Strategy

John Powers

Governor Kathy Hochul (D-NY) recently introduced New York’s first cybersecurity strategy. The 15-page document lays out a blueprint to expand services to aid under-resourced entities and clarifies agency responsibilities. It provides $500 million to strengthen New York’s healthcare information technology and $7.4 million to expand the New York State Police’s Cyber Analysis Unit, Computer Crimes […]