As supply chain networks expand in complexity and interconnectivity, they become increasingly vulnerable to cyber threats. Whether it’s an individual hacker, an organized crime group or state actors, they pose significant risks to economic stability and can disrupt production on a massive scale, affecting everything from manufacturing to food distribution to healthcare.
The 2024 BCI Supply Chain Resilience Report found that almost 80% of organizations’ supply chains were disrupted in some way over the past 12 months. A majority of those disruptions were a direct result of cyberattacks, placing cybersecurity as a prominent threat to watch over the next 5 years. Yet despite this fact, many IT managers and developers harbor a dangerous mindset that falling victim to a breach “could never happen to me.” This creates an overconfidence in code and internal practices, leading to a lack of proper security defenses. From misplaced trust in software to weak password management and careless digital behavior, it takes only one gap in security to bring down an entire operating system.
The multi-partner nature of global supply chains heightens the risk of increased vulnerabilities,…