The rise of supply chain cyberthreats in the wake of COVID-19 have made a solid risk management plan even more essential than it always has been.
Supply chain cyberattacks put organizations at significant risk — risk that can disrupt their operations and damage their reputations.
Supply chain cyberattacks are on the rise and hackers are targeting every company in the supply chain ecosystem from the end-user organization to the software providers to the suppliers, said Mark Atwood, managing vice president of supply chain research at Gartner Inc.
COVID-19 has just ratcheted up a trend that was already happening.
In 2019, 40% of manufacturers had operations that were affected by a cyber incident, according to a report from Deloitte released on May 6. And from March to May of this year, there was an increase in supply chain attacks related to COVID-19, the report’s authors noted.
While definitive numbers may be hard to pinpoint, the trend is clear.
“Bad actors will act wherever they see an opportunity,” according to the Gartner supply chain cybersecurity report, co-written by Atwood. “Supply chains, which extend the envelope of enterprise risks to all business ecosystem…
