Are Digital Supply Chains Exposing Your Business Data? | Avast

Gill Langston, 23 July 2019

Find out how to protect your business from being the weak security link in the digital supply chain

The way we do business has completely changed over the last several years. Paper trails have been replaced with digital footprints and tech-savvy solutions are flooding the market. This move to digitization can be wonderful for modern businesses. It increases business efficiency and speed, especially when it comes to supply chains.  A new vendor, third-party software provider, or partner can be connected to a business with the click of a button, but the security posture of new business partners can often be overlooked — exposing you and other companies in your supply chain to increased risk. 
Digital transformation initiatives are creating a more vulnerable landscape for businesses. Finding and onboarding new partners may be easier than ever, but these increased connections between companies aren’t always secure and cyberattackers can use them to access data. According to a survey conducted in 2018 by the Ponemon Institute, 56% of organizations have had a data breach that was caused by one of their vendors. Most notably, Target experienced a wide-scale breach in 2014 that affected upwards of 70 million customers due to its HVAC supplier, Fazio Mechanical Services (FMS). Once hackers gained access to the smaller target, FMS, they were able to gain access to Target’s network through the digital supply chain. 
IT leaders are often aware of the risks, but aren’t sure how to implement the necessary precautions. According to a Spiceworks survey, 44% of ..

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