Attackers are targeting under-resourced suppliers with weaker defences as a way of disrupting or compromising larger organisations. The notable ransomware attack on a supplier to semiconductor giant Applied Materials is expected to lead to $250 million in lost sales.
With well over 60% of organisations having suffered a data breach through a third party, this regularly results in regulatory fines, huge data recovery costs and loss of consumer trust. Spotlighting the key security weaknesses in the supply chain ecosystem, cyber security business Risk Ledger is publishing its ‘State of Cyber Security in the Supply Chain 2023’ report on Tuesday, 18th April, 2023.
