In today’s interconnected digital world, the concept of a secure “perimeter” around your company’s information is rapidly becoming obsolete. A new breed of cyberattack, the Supply Chain Attack, has emerged, exploiting the complex web of software and services that businesses rely on. This article delves into the world of supply chain cyberattacks. The article explores the changing threat landscape, potential vulnerabilities for your organization, as well as the most important steps you can make to enhance your defenses.
The Domino Effect: A Tiny error can ruin your Business
Imagine this scenario: your company does not utilize an open-source software library that has been identified as having a security vulnerability. However, the data analytics provider you depend on heavily does. This flaw that appears to be minor could become your Achilles ‘ heel. Hackers use this vulnerability, discovered in open source software, to gain access into the systems of the service provider. Now, they have a potential backdoor into your company, through an invisible third-party link.
The domino effect is a perfect example of the insidiousness of supply chain attacks. They attack the interconnected ecosystems that businesses depend on, gaining access to often secure systems by exploiting weaknesses in software used by partners, open source libraries or cloud-based services (SaaS).
Why Are We Vulnerable? Why are we vulnerable?
The very factors which have powered the modern digital economy – the growing acceptance of SaaS solutions as well as the interconnectedness between software ecosystems also create an ideal storm for supply chain-related attacks. The sheer complexity of these ecosystems is difficult to track each piece of code that an organization uses even indirectly.
Beyond the Firewall – Traditional Security Measures Do not work
The conventional cybersecurity strategies that focused on strengthening your systems no longer suffice. Hackers are able bypass perimeter security, firewalls and other measures to penetrate your network through trusted third party vendors.
Open-Source Surprise There is a difference between free and paid code. open-source code is created equal
The wide-spread popularity of open-source software is a risk. Libraries that are open-source have numerous benefits however their extensive use and possible dependence on volunteers can pose a security risks. The unpatched security flaws in the widely used libraries could expose a variety of organizations that have integrated them into their systems.
The Invisible Threat: How To Recognize a Supply Chain Risk
It can be difficult to spot supply chain-related attacks due to the nature of their attack. Certain warning indicators can raise warning signs. Unusual logins, unusual data activity, or unexpected software updates from third-party vendors could indicate a compromised system within your network. An incident of serious security in a library or service provider that is frequently used should prompt you to take immediate action.
The Construction of a Fortress inside a Fishbowl: Strategies to Mitigate the Supply Chain Risk
So, how can you protect yourself from these invisible threats? Here are some essential things to think about.
Do a thorough evaluation of your vendors’ cybersecurity methods.
Mapping your Ecosystem Create an extensive list of all the software and services that you and your organization depend on. This covers both indirect and direct dependencies.
Continuous Monitoring: Watch your systems for suspicious activity. Actively track security updates from all third-party vendors.
Open Source with care: Take your time when using libraries which are open source, and place a higher priority on those with good reputations and active communities.
Transparency creates trust. Inspire your suppliers to implement strong security practices.
Cybersecurity in the Future: Beyond Perimeter Defense
The increasing threat of supply chain threats requires a paradigm shift in how companies take on cybersecurity. There is no longer a need to just focus on your own defenses. Businesses must implement an integrated strategy that focuses on collaboration with suppliers, transparency within the ecosystem of software, and proactive risk mitigation across their entire supply chain. Be aware of the risks associated with supply chain attacks and strengthening your defenses will allow you to improve your business’s protection in an increasingly interconnected and complex digital environment.
