Navigating Supplier Risk Challenges to Shore Up Cyber Defences

Organisations are paying too little attention to the risk of their supply chain information being compromised through cyber attack.

Solarwinds, Log4J, Kaseya, and just recently 3CX, are just a few examples of instances where companies failed to fully assess the risk profile of their supplier relationships. Following are some key challenges that need to be addressed.

Pressure to cut external costs

Hampered by budget constraints, organisations are under pressure to seek services from suppliers that can offer ‘more for less’. Even the most well-established suppliers tend to move toward cost-cutting measures, potentially at the expense of information security.

Infrastructure stretched by remote work