‘Why we invested £6.25m in Risk Ledger’

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The adage ‘a team is only as strong as its weakest link’ resonates profoundly within today’s complex supply chains.

The rising frequency of cyber attacks in supply chains – a trend highlighted by Gartner’s prediction that by 2025, nearly half of all organisations will experience attacks through their software supply chains – underscores this vulnerability.

A stark illustration of this emerged in June when the hacker group Cl0p infiltrated the file transfer tool MOVEit, exposing the personal data of 40 million individuals from companies like the BBC, British Airways and Boots.

The aftermath of this breach revealed a significant gap in supply chain security.

Despite a remedying software patch being made available the next day, the inability to easily identify whether your organisation was exposed left many companies open to attack for far longer than necessary.

In the era of cloud technologies, open-source software, and third-party APIs, hackers increasingly exploit the weakest links in supply chains to access high-value data.

This evolving threat landscape necessitates a shift in how companies approach supply chain security.

Traditional methods, often limited to…

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