Small and medium sized enterprises are under pressure to protect themselves against cyber attacks to mitigate the risk of being excluded from supply chains. Joe Collinwood, CEO at CySure, takes a closer look at the implications of complacency in supply chain cyber security.
In a rapidly evolving landscape of cyber threats, many organisations are focusing efforts on protecting the confidentiality, availability and integrity of their networks and systems. While this is important, small to medium enterprises (SMEs) are typically falling to understand the wider risks and to implement basic cyber hygiene measures. This complacency compromises their own IT environment and that of suppliers and partners within their supply chain.
New research conducted by the Federation of Small Business (FSB) identified that 65% of UK Small Businesses do not have plans in place to deal with potential supply chain disruption including cybercrime. The threat is real and SMEs need to act or risk their business failing due to the lack of a robust cyber security strategy.
The weakest link
A number of big brand organisations have recently been exposed by data breaches and although their names may have…
