2024-11-01 Information Requirements Situational Awareness
Supply chains are often complex and connected which makes it necessary to identify and respond to cyber risks. Technology driven risks of supply chains can be more damaging than mere logistical disruptions. Security events can negatively impact the integrity and confidentiality of sensitive data, business continuity, and company reputation. The following are some common risks supply chains are susceptible to:
A third-party may be subject to a variety of regulations or contractual obligations mandating beach notification. In some cases, extraneous circumstances could prevent a breach notification from landing in the proper hands. Third-parties may also take varying approaches and intervals when providing information during an incident, even beyond the initial notification. These subsequent updates could contain critical information to highlight necessary steps or required actions to mitigate further loss and ensure organizational data remains secure.
The role of media publishing can be likened to a preemptive alarm system. By keeping an eye on various news outlets, companies are well-positioned to evaluate the possible risks tied with their supplier and partner networks. This proactive approach provides them with the capability to implement protective strategies ahead of further threat manifestation.
Monitoring news channels can also help provide a perspective on the security posture of vendors and partners. Security breaches that have affected other organizations in the supply chain may be a pointer to possible vulnerabilities. This insight can be used by the organization to perform a complete risk assessment and implement controls.
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