Since many supply chains depend on telecom services for coordination (e.g., cloud platforms, IoT device, remote monitoring), attacks can lead to cascading failures, delaying operations across multiple tiers of the supply chain.
Companies can mitigate risks by adopting multi-layered cybersecurity measures, conducting regular risk assessments and emphasising third-party risk management strategies aligned with frameworks such as DORA, which stresses robust ICT risk management and incident reporting.
Avoiding over-reliance on a single vendor and developing contingency plans with multiple service providers is advised. Businesses should also utilise endpoint detection and response (EDR) tools alongside threat intelligence platforms to detect anomalies.
Finally, having secure cloud-based assets by enforcing encryption, access controls and multi-factor authentication (MFA) is recommended.
What will be the biggest cyber threat for firms in 2025 and how will this impact supply chains?
LI: As we move towards the end of 2024, we continue to see shifts in the threat landscape – for instance in Q3, we saw marked increases in targeting of the technology sector, users being targeted…
