Cybersecurity experts say supply chains need strengthening

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Cybersecurity experts say supply chains need strengthening

For professionals in the logistics industry, the need to maintain a strong posture against cybersecurity risks should be obvious. However, there are often so many of these potential pitfalls that it’s hard to recognize them, especially because many are all but hidden from their view. That’s especially true because of the sheer volume of supply chain partners with which they typically share data.

Indeed, 80% of supply chain businesses that were hit with at least one cybersecurity incident in the last year believe the incident originated with a third-party partner, according to a recent survey of industry executives found from BlueVoyant. On average, those businesses experienced nearly three breaches in that 12-month period, and worryingly, 29% said they have no way to assess risk from their partners.

Cybersecurity risks often originate with third-party partners.Cybersecurity risks often originate with third-party partners.

That should come as little surprise, however, as only 22.5% of those polled said they have the capability to monitor all aspects of their supply chain and almost 1 in 3 re-examine these risks twice per year or less, the survey showed. It’s little wonder, then, that 4 in 5 executives polled say they are increasing their…

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